Bogart Wealth LLC Buys 26,941 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Bogart Wealth LLC raised its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 3.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 740,023 shares of the company’s stock after acquiring an additional 26,941 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF comprises approximately 1.7% of Bogart Wealth LLC’s investment portfolio, making the stock its 15th largest holding. Bogart Wealth LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $40,191,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of FLQM. Ameriprise Financial Inc. lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 37.7% during the 1st quarter. Ameriprise Financial Inc. now owns 2,600,056 shares of the company’s stock valued at $137,868,000 after acquiring an additional 712,421 shares in the last quarter. HighTower Advisors LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter valued at $23,701,000. CWM LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 19.2% during the 1st quarter. CWM LLC now owns 1,441,503 shares of the company’s stock valued at $76,414,000 after acquiring an additional 231,691 shares in the last quarter. Cetera Investment Advisers lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 48.9% during the 1st quarter. Cetera Investment Advisers now owns 552,890 shares of the company’s stock valued at $29,309,000 after acquiring an additional 181,584 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 37.8% during the 1st quarter. Private Advisor Group LLC now owns 530,426 shares of the company’s stock valued at $28,118,000 after acquiring an additional 145,480 shares in the last quarter.

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

Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $55.86 on Monday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $46.23 and a 1 year high of $59.07. The firm has a market cap of $1.71 billion, a PE ratio of 16.69 and a beta of 0.98. The stock has a fifty day moving average price of $56.47 and a 200-day moving average price of $54.31.

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.