GeoWealth Management LLC trimmed its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 24.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,325 shares of the company’s stock after selling 14,398 shares during the quarter. GeoWealth Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $2,462,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in FLQM. LPL Financial LLC lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 2,526,850 shares of the company’s stock worth $137,233,000 after buying an additional 159,538 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter valued at about $92,389,000. Orgel Wealth Management LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% during the fourth quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock valued at $83,494,000 after purchasing an additional 958,040 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 10.1% in the fourth quarter. Private Advisor Group LLC now owns 384,946 shares of the company’s stock worth $20,906,000 after purchasing an additional 35,203 shares during the last quarter. Finally, Financial Consulate Inc. lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 4.0% in the fourth quarter. Financial Consulate Inc. now owns 318,554 shares of the company’s stock worth $17,301,000 after buying an additional 12,118 shares in the last quarter.
Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 1.0 %
Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $50.13 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $46.23 and a 12 month high of $59.07. The stock has a 50 day moving average of $52.58 and a 200 day moving average of $54.85. The firm has a market cap of $1.39 billion, a PE ratio of 16.36 and a beta of 1.00.
About Franklin U.S. Mid Cap Multifactor Index ETF
The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is an exchange-traded fund that is based on the LibertyQ US Mid Cap Equity index. The fund tracks a US-listed mid-cap equity index that selects and weights constituents based on four factors: quality, value, momentum, and volatility. FLQM was launched on Apr 26, 2017 and is managed by Franklin Templeton.
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