Concurrent Investment Advisors LLC Buys Shares of 23,822 Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Concurrent Investment Advisors LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 23,822 shares of the company’s stock, valued at approximately $1,345,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter worth about $53,000. NewEdge Advisors LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock worth $58,000 after purchasing an additional 326 shares in the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth approximately $84,000. Cozad Asset Management Inc. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 2nd quarter worth approximately $292,000. Finally, MBL Wealth LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 2nd quarter valued at approximately $303,000.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 2.6%

BATS:FLQM opened at $58.06 on Friday. The company has a market capitalization of $1.78 billion, a P/E ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $46.23 and a 12 month high of $59.07. The firm has a fifty day simple moving average of $56.63 and a 200-day simple moving average of $56.13.

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.