IFP Advisors Inc Has $3.52 Million Stock Holdings in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

IFP Advisors Inc reduced its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 32.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 62,294 shares of the company’s stock after selling 30,328 shares during the quarter. IFP Advisors Inc owned approximately 0.20% of Franklin U.S. Mid Cap Multifactor Index ETF worth $3,516,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. WBI Investments LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $335,000. Captrust Financial Advisors increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 2.1% in the third quarter. Captrust Financial Advisors now owns 144,938 shares of the company’s stock valued at $8,182,000 after purchasing an additional 3,011 shares during the period. Advisory Services Network LLC increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 4.1% in the third quarter. Advisory Services Network LLC now owns 67,567 shares of the company’s stock valued at $3,814,000 after purchasing an additional 2,639 shares during the period. Keystone Financial Group bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $214,000. Finally, Kestra Private Wealth Services LLC raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 5.3% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 137,314 shares of the company’s stock worth $7,751,000 after purchasing an additional 6,972 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 1.1%

Shares of FLQM opened at $54.35 on Friday. The stock’s 50-day moving average price is $57.35 and its two-hundred day moving average price is $56.69. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $46.23 and a 12 month high of $58.66. The company has a market capitalization of $1.67 billion, a PE ratio of 16.69 and a beta of 0.98.

Franklin U.S. Mid Cap Multifactor Index ETF Profile

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.