Farther Finance Advisors LLC Invests $196,000 in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Farther Finance Advisors LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,513 shares of the company’s stock, valued at approximately $196,000.

Several other large investors also recently modified their holdings of the company. Focus Financial Network Inc. acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth approximately $401,000. Arkadios Wealth Advisors grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 21.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 7,379 shares of the company’s stock worth $411,000 after buying an additional 1,324 shares during the period. Osborne Partners Capital Management LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at $258,000. Bogart Wealth LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.8% during the 3rd quarter. Bogart Wealth LLC now owns 711,224 shares of the company’s stock valued at $39,615,000 after acquiring an additional 57,599 shares during the period. Finally, Private Advisor Group LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 20.1% during the 3rd quarter. Private Advisor Group LLC now owns 349,743 shares of the company’s stock valued at $19,481,000 after acquiring an additional 58,612 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.6 %

BATS:FLQM opened at $57.69 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $25.35 and a 12 month high of $28.79. The stock has a market capitalization of $695.16 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. The firm has a fifty day simple moving average of $55.10 and a two-hundred day simple moving average of $53.14.

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.