Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 26.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,153 shares of the company’s stock after acquiring an additional 4,888 shares during the period. Kingsview Wealth Management LLC owned 0.19% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,290,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Orgel Wealth Management LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $32,268,000. LPL Financial LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% during the third quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock valued at $131,859,000 after buying an additional 527,519 shares in the last quarter. CWM LLC raised its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the third quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after buying an additional 274,529 shares in the last quarter. Cetera Investment Advisers bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth approximately $10,548,000. Finally, Raymond James & Associates increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 119.1% in the 2nd quarter. Raymond James & Associates now owns 342,750 shares of the company’s stock valued at $17,580,000 after acquiring an additional 186,321 shares during the last quarter.

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

Shares of FLQM opened at $58.67 on Wednesday. The stock has a market capitalization of $706.97 million, a PE ratio of 16.96 and a beta of 0.90. The business’s fifty day moving average price is $55.94 and its 200 day moving average price is $53.70. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $25.35 and a 12-month high of $28.79.

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.