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

Cornerstone Wealth Management LLC boosted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 5.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 26,101 shares of the company’s stock after purchasing an additional 1,289 shares during the period. Cornerstone Wealth Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $1,395,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 22.1% during the 4th quarter. Geneos Wealth Management Inc. now owns 76,733 shares of the company’s stock worth $3,693,000 after purchasing an additional 13,890 shares during the period. Avantax Advisory Services Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 22.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 65,880 shares of the company’s stock worth $3,171,000 after purchasing an additional 11,870 shares during the period. Thomasville National Bank grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 1.1% during the 4th quarter. Thomasville National Bank now owns 88,283 shares of the company’s stock worth $4,249,000 after purchasing an additional 927 shares during the period. Aspire Wealth Management Corp acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth about $29,000. Finally, Raymond James Financial Services Advisors Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 196.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 859,108 shares of the company’s stock worth $41,349,000 after purchasing an additional 569,495 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.1 %

BATS:FLQM opened at $50.84 on Friday. 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 stock has a market capitalization of $612.62 million, a PE ratio of 16.96 and a beta of 0.90. The stock’s 50-day moving average price is $51.46 and its 200-day moving average price is $50.43.

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.