Empirical Asset Management LLC Has $1.62 Million Position in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Empirical Asset Management LLC raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 29,809 shares of the company’s stock after buying an additional 367 shares during the period. Empirical Asset Management LLC owned 0.10% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,619,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 22.1% in the 1st quarter. Royal Bank of Canada now owns 350,852 shares of the company’s stock valued at $18,598,000 after buying an additional 63,617 shares during the last quarter. Onyx Bridge Wealth Group LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 1st quarter valued at $320,000. Atria Wealth Solutions Inc. grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.8% in the 1st quarter. Atria Wealth Solutions Inc. now owns 10,831 shares of the company’s stock valued at $574,000 after acquiring an additional 300 shares during the period. WCG Wealth Advisors LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 508.5% in the 1st quarter. WCG Wealth Advisors LLC now owns 80,606 shares of the company’s stock valued at $4,273,000 after acquiring an additional 67,359 shares during the period. Finally, Flynn Zito Capital Management LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 35.1% in the 1st quarter. Flynn Zito Capital Management LLC now owns 317,710 shares of the company’s stock valued at $16,842,000 after acquiring an additional 82,586 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Price Performance

Shares of FLQM opened at $55.54 on Friday. The firm has a 50-day moving average of $56.45 and a 200-day moving average of $54.28. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $46.23 and a one year high of $59.07. The company has a market cap of $1.70 billion, a PE ratio of 16.69 and a beta of 0.98.

Franklin U.S. Mid Cap Multifactor Index ETF Company 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.