Arkadios Wealth Advisors Acquires 1,324 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Arkadios Wealth Advisors lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 21.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,379 shares of the company’s stock after acquiring an additional 1,324 shares during the quarter. Arkadios Wealth Advisors owned approximately 0.06% of Franklin U.S. Mid Cap Multifactor Index ETF worth $411,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cornerstone Wealth Management LLC raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 5.2% during the first quarter. Cornerstone Wealth Management LLC now owns 26,101 shares of the company’s stock valued at $1,395,000 after acquiring an additional 1,289 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 11.1% during the second quarter. Private Advisor Group LLC now owns 291,131 shares of the company’s stock valued at $14,932,000 after acquiring an additional 29,121 shares in the last quarter. Redwood Financial Network Corp raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 9.0% during the second quarter. Redwood Financial Network Corp now owns 9,714 shares of the company’s stock valued at $498,000 after acquiring an additional 800 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 12.6% during the second quarter. Hazlett Burt & Watson Inc. now owns 16,884 shares of the company’s stock valued at $866,000 after acquiring an additional 1,883 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,274,133 shares of the company’s stock valued at $65,350,000 after acquiring an additional 6,823 shares in the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.0 %

FLQM opened at $55.06 on Thursday. The stock has a fifty day simple moving average of $54.89 and a two-hundred day simple moving average of $52.86. The company has a market cap of $663.47 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 12-month low of $25.35 and a 12-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.