Leo Wealth LLC Invests $1.03 Million in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Leo Wealth LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 18,215 shares of the company’s stock, valued at approximately $1,025,000. Leo Wealth LLC owned about 0.06% of Franklin U.S. Mid Cap Multifactor Index ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Beaumont Financial Advisors LLC increased its position in Franklin U.S. Mid Cap Multifactor Index ETF by 1.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 16,673 shares of the company’s stock worth $938,000 after acquiring an additional 214 shares during the period. Pinnacle Financial Partners Inc. increased its position in Franklin U.S. Mid Cap Multifactor Index ETF by 2.6% during the third quarter. Pinnacle Financial Partners Inc. now owns 8,835 shares of the company’s stock worth $499,000 after acquiring an additional 220 shares during the period. NewEdge Advisors LLC increased 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 worth $58,000 after acquiring an additional 326 shares during the period. Orion Porfolio Solutions LLC increased its position 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 period. Finally, Certified Advisory Corp increased its position in Franklin U.S. Mid Cap Multifactor Index ETF by 0.7% during the fourth quarter. Certified Advisory Corp now owns 73,178 shares of the company’s stock worth $4,117,000 after acquiring an additional 506 shares during the period.

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

BATS:FLQM opened at $55.62 on Tuesday. 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 firm has a market cap of $1.70 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98. The firm’s 50-day simple moving average is $56.69 and its 200 day simple moving average is $56.53.

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.