Landmark Wealth Management Inc. Sells 3,932 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Landmark Wealth Management Inc. lessened its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 9.5% during the fourth quarter, Holdings Channel reports. The fund owned 37,523 shares of the company’s stock after selling 3,932 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF comprises 1.0% of Landmark Wealth Management Inc.’s holdings, making the stock its 27th biggest holding. Landmark Wealth Management Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $2,038,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Providence Capital Advisors LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at about $63,000. Aspire Wealth Management Corp grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% during the third quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock valued at $74,000 after buying an additional 492 shares during the last quarter. Signaturefd LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at about $90,000. Sanctuary Advisors LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at about $200,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at about $196,000.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 1.5 %

Shares of BATS:FLQM opened at $55.90 on Friday. The stock’s 50-day moving average price is $55.94 and its 200-day moving average price is $55.21. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $25.35 and a 12-month high of $28.79. The stock has a market capitalization of $673.56 million, a P/E ratio of 16.96 and a beta of 0.90.

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.