NewEdge Advisors LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 20.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,264 shares of the company’s stock after buying an additional 21,252 shares during the quarter. NewEdge Advisors LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $6,936,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the company. Access Investment Management LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter valued at $118,000. Royal Bank of Canada boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 0.3% during the first quarter. Royal Bank of Canada now owns 322,764 shares of the company’s stock worth $17,729,000 after buying an additional 1,072 shares during the period. Cetera Investment Advisers increased its position in Franklin U.S. Mid Cap Multifactor Index ETF by 10.9% during the first quarter. Cetera Investment Advisers now owns 1,454,613 shares of the company’s stock valued at $79,902,000 after acquiring an additional 142,619 shares during the last quarter. Pacific Sun Financial Corp increased its position in Franklin U.S. Mid Cap Multifactor Index ETF by 4.5% during the first quarter. Pacific Sun Financial Corp now owns 7,447 shares of the company’s stock valued at $409,000 after acquiring an additional 320 shares during the last quarter. Finally, World Equity Group Inc. raised its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 5.9% in the first quarter. World Equity Group Inc. now owns 25,028 shares of the company’s stock valued at $1,375,000 after acquiring an additional 1,395 shares during the period.
Franklin U.S. Mid Cap Multifactor Index ETF Price Performance
Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $61.56 on Tuesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $53.87 and a 1-year high of $61.71. The firm has a market capitalization of $1.89 billion, a P/E ratio of 16.69 and a beta of 0.98. The company’s 50-day moving average is $58.74 and its 200 day moving average is $57.39.
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.
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