Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 8.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 10,238 shares of the company’s stock after acquiring an additional 800 shares during the period. Oppenheimer & Co. Inc. owned approximately 0.08% of Franklin U.S. Mid Cap Multifactor Index ETF worth $570,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of FLQM. Orgel Wealth Management LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at $32,268,000. CWM LLC grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the third quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after acquiring an additional 274,529 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth about $10,548,000. Raymond James & Associates boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 119.1% in the second quarter. Raymond James & Associates now owns 342,750 shares of the company’s stock valued at $17,580,000 after purchasing an additional 186,321 shares during the last quarter. Finally, Financial Partners Group Inc acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at approximately $6,925,000.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 0.7 %

Shares of FLQM opened at $56.60 on Thursday. The firm has a market cap of $682.03 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. The business’s 50 day moving average is $55.57 and its two-hundred day moving average is $53.48. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $25.35 and a 52-week 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.