Sanctuary Advisors LLC Makes New $200,000 Investment in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Sanctuary Advisors LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the 3rd quarter, Holdings Channel reports. The firm bought 3,448 shares of the company’s stock, valued at approximately $200,000.

Several other hedge funds also recently added to or reduced their stakes in FLQM. Orgel Wealth Management LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $32,268,000. LPL Financial LLC raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% during the 3rd quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock valued at $131,859,000 after purchasing an additional 527,519 shares in the last quarter. CWM LLC increased its position in Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the 3rd quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after purchasing an additional 274,529 shares during the period. Financial Partners Group Inc bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at approximately $6,925,000. Finally, Commonwealth Equity Services LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 119.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 216,678 shares of the company’s stock valued at $11,113,000 after acquiring an additional 117,829 shares in the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.9 %

BATS FLQM opened at $54.73 on Monday. The company has a 50 day moving average price of $56.52 and a 200 day moving average price of $54.51. The firm has a market cap of $659.50 million, a PE 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.

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.