Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC decreased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 7.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,953 shares of the company’s stock after selling 1,338 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $866,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FLQM. Thrivent Financial for Lutherans lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 363.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 27,663 shares of the company’s stock worth $1,419,000 after acquiring an additional 21,691 shares during the period. Clear Point Advisors Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 8.9% in the 2nd quarter. Clear Point Advisors Inc. now owns 14,030 shares of the company’s stock valued at $720,000 after buying an additional 1,144 shares during the last quarter. AQR Capital Management LLC raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 49.7% during the 2nd quarter. AQR Capital Management LLC now owns 8,180 shares of the company’s stock worth $420,000 after buying an additional 2,716 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 85.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 111,301 shares of the company’s stock worth $5,708,000 after acquiring an additional 51,126 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.7% during the second quarter. Cetera Investment Advisers now owns 204,603 shares of the company’s stock worth $10,494,000 after acquiring an additional 7,289 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 2.5 %

Shares of FLQM opened at $56.43 on Thursday. The firm has a market capitalization of $679.93 million, a PE ratio of 16.96 and a beta of 0.90. The stock’s 50 day moving average is $56.22 and its two-hundred day moving average is $54.93. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $25.35 and a twelve month high of $28.79.

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.