Forefront Wealth Partners LLC Buys New Shares in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Forefront Wealth Partners LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,493 shares of the company’s stock, valued at approximately $649,000.

Other hedge funds also recently made changes to their positions in the company. D.A. Davidson & CO. grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.7% during the 2nd quarter. D.A. Davidson & CO. now owns 14,660 shares of the company’s stock valued at $796,000 after buying an additional 246 shares during the period. Redwood Financial Network Corp boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 2.6% in the first quarter. Redwood Financial Network Corp now owns 11,205 shares of the company’s stock valued at $594,000 after acquiring an additional 282 shares during the last quarter. NewEdge Advisors LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% during the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after acquiring an additional 326 shares during the period. Empirical Asset Management LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 1.2% during the second quarter. Empirical Asset Management LLC now owns 29,809 shares of the company’s stock worth $1,619,000 after acquiring an additional 367 shares during the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 3.0% during the second quarter. Orion Porfolio Solutions LLC now owns 14,368 shares of the company’s stock worth $780,000 after acquiring an additional 420 shares during the last quarter.

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

BATS FLQM opened at $56.82 on Wednesday. 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 capitalization of $1.74 billion, a P/E ratio of 16.69 and a beta of 0.98. The business’s 50-day simple moving average is $56.09 and its 200-day simple moving average is $55.82.

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.