Raymond James Financial Inc. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 1,701,147 shares of the company’s stock, valued at approximately $92,389,000. Raymond James Financial Inc. owned approximately 0.14% of Franklin U.S. Mid Cap Multifactor Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of FLQM. LPL Financial LLC raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% in the third quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock valued at $131,859,000 after purchasing an additional 527,519 shares during the last quarter. Orgel Wealth Management LLC raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% in 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 during the last quarter. Private Advisor Group LLC raised 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 valued at $20,906,000 after purchasing an additional 35,203 shares during the last quarter. Financial Consulate Inc. raised its holdings 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 valued at $17,301,000 after purchasing an additional 12,118 shares during the last quarter. Finally, Harbor Group Inc. raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 67.1% in the fourth quarter. Harbor Group Inc. now owns 255,148 shares of the company’s stock valued at $13,857,000 after purchasing an additional 102,474 shares during the last quarter.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 1.8 %
BATS FLQM opened at $54.09 on Monday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $49.72 and a 12-month high of $59.07. The company has a market capitalization of $1.45 billion, a PE ratio of 16.92 and a beta of 1.05. The firm’s 50 day moving average is $55.22 and its 200-day moving average is $55.57.
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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Want to see what other hedge funds are holding FLQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report).
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