Private Advisor Group LLC Trims Holdings in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Private Advisor Group LLC decreased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQMFree Report) by 4.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 485,374 shares of the company’s stock after selling 23,922 shares during the period. Private Advisor Group LLC owned 1.58% of Franklin U.S. Mid Cap Multifactor Index ETF worth $26,662,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Cetera Investment Advisers boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 23.3% in the fourth quarter. Cetera Investment Advisers now owns 1,311,994 shares of the company’s stock worth $73,813,000 after purchasing an additional 247,905 shares during the period. TrustBank bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter valued at $10,271,000. Bank of America Corp DE raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 35.6% during the 2nd quarter. Bank of America Corp DE now owns 677,284 shares of the company’s stock valued at $36,783,000 after purchasing an additional 177,777 shares during the period. Piedmont Capital Management LLC NC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter valued at $9,934,000. Finally, Orion Porfolio Solutions LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1,269.9% during the 4th quarter. Orion Porfolio Solutions LLC now owns 186,362 shares of the company’s stock valued at $10,485,000 after buying an additional 172,758 shares in the last quarter.

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

Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $59.17 on Friday. The company has a market capitalization of $1.81 billion, a P/E ratio of 16.69 and a beta of 0.98. The company has a fifty day moving average of $56.99 and a 200 day moving average of $56.93. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $53.64 and a fifty-two week high of $59.19.

Franklin U.S. Mid Cap Multifactor Index ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

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