Arkadios Wealth Advisors Purchases 846 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Arkadios Wealth Advisors grew its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 16.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,055 shares of the company’s stock after acquiring an additional 846 shares during the quarter. Arkadios Wealth Advisors owned 0.05% of Franklin U.S. Mid Cap Multifactor Index ETF worth $311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Cetera Investment Advisers bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the first quarter worth $10,548,000. Raymond James & Associates raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 119.1% during the 2nd quarter. Raymond James & Associates now owns 342,750 shares of the company’s stock valued at $17,580,000 after buying an additional 186,321 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 899.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 98,849 shares of the company’s stock valued at $5,284,000 after acquiring an additional 88,961 shares during the last quarter. CWM LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 12.5% in the second quarter. CWM LLC now owns 761,015 shares of the company’s stock worth $39,032,000 after acquiring an additional 84,455 shares in the last quarter. Finally, Leo Wealth LLC bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter worth approximately $3,862,000.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 0.4 %

FLQM stock opened at $54.78 on Friday. The firm’s fifty day simple moving average is $52.59 and its two-hundred day simple moving average is $51.82. The stock has a market capitalization of $660.10 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 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.