Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Stock Holdings Trimmed by Private Advisor Group LLC

Private Advisor Group LLC lessened its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 7.7% in the third quarter, HoldingsChannel reports. The fund owned 560,821 shares of the company’s stock after selling 46,622 shares during the period. Private Advisor Group LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $31,658,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameriprise Financial Inc. increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 2,643,176 shares of the company’s stock valued at $143,407,000 after purchasing an additional 43,120 shares during the period. Raymond James Financial Inc. lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 3.7% in the second quarter. Raymond James Financial Inc. now owns 1,757,419 shares of the company’s stock worth $95,445,000 after purchasing an additional 62,992 shares during the period. Orgel Wealth Management LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 4.7% in the third quarter. Orgel Wealth Management LLC now owns 1,403,767 shares of the company’s stock worth $79,243,000 after purchasing an additional 63,528 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 144.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 814,598 shares of the company’s stock valued at $44,241,000 after buying an additional 481,080 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 38.9% in the 2nd quarter. Cetera Investment Advisers now owns 767,895 shares of the company’s stock valued at $41,704,000 after buying an additional 215,005 shares in the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 0.2%

Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $56.92 on Tuesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $46.23 and a 52 week high of $58.66. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98. The company’s 50-day moving average price is $57.67 and its two-hundred day moving average price is $56.79.

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.