IFP Advisors Inc boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 6.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 106,272 shares of the company’s stock after purchasing an additional 6,316 shares during the quarter. IFP Advisors Inc’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $5,772,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Signaturefd LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $90,000. Osborne Partners Capital Management LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $258,000. Arkadios Wealth Advisors increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 21.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 7,379 shares of the company’s stock valued at $411,000 after buying an additional 1,324 shares during the last quarter. Focus Financial Network Inc. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $401,000. Finally, Farther Finance Advisors LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $196,000.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance
BATS:FLQM opened at $54.79 on Monday. The firm has a market cap of $660.22 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $25.35 and a 52 week high of $28.79. The firm has a 50-day moving average price of $55.38 and a two-hundred day moving average price of $55.44.
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.
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