Eagle Wealth Strategies LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 418,739 shares of the company’s stock after acquiring an additional 28,438 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF makes up about 11.0% of Eagle Wealth Strategies LLC’s portfolio, making the stock its 3rd largest holding. Eagle Wealth Strategies LLC owned approximately 1.37% of Franklin U.S. Mid Cap Multifactor Index ETF worth $23,558,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in FLQM. Comerica Bank acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at approximately $51,000. NewEdge Advisors LLC boosted its holdings in shares of 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 valued at $58,000 after purchasing an additional 326 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $84,000. Keystone Financial Group bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $214,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 45,360.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,546 shares of the company’s stock worth $257,000 after buying an additional 4,536 shares in the last quarter.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance
Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $54.98 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $46.23 and a 52 week high of $58.66. The stock has a market capitalization of $1.69 billion, a P/E ratio of 16.69 and a beta of 0.98. The stock has a fifty day moving average of $57.42 and a 200-day moving average of $56.71.
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.
Further Reading
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