Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 7.6% during the third quarter, Holdings Channel reports. The firm owned 527,626 shares of the company’s stock after acquiring an additional 37,109 shares during the period. HighTower Advisors LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $29,784,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of FLQM. NewEdge Advisors LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after buying an additional 326 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth approximately $84,000. Cozad Asset Management Inc. acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 2nd quarter valued at approximately $292,000. Axis Wealth Partners LLC boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 10.8% in the 3rd quarter. Axis Wealth Partners LLC now owns 6,672 shares of the company’s stock valued at $377,000 after acquiring an additional 649 shares during the last quarter. Finally, Personal CFO Solutions LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the second quarter worth $373,000.

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

Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $58.06 on Thursday. The stock has a market cap of $1.78 billion, a PE ratio of 16.69 and a beta of 0.98. The firm has a fifty day moving average price of $57.46 and a 200 day moving average price of $56.57. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $46.23 and a 1 year high of $58.66.

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.