Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Sold by Moneywise Inc.

Moneywise Inc. reduced its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 46.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,721 shares of the company’s stock after selling 9,466 shares during the period. Moneywise Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $616,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter valued at about $50,000. Richards Merrill & Peterson Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth approximately $55,000. Allworth Financial LP raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 541.1% in the 2nd quarter. Allworth Financial LP now owns 1,122 shares of the company’s stock worth $65,000 after purchasing an additional 947 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth approximately $88,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 2nd quarter worth approximately $91,000.

Franklin U.S. Mid Cap Multifactor Index ETF Price Performance

FLQM stock opened at $61.78 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $53.87 and a 12 month high of $62.27. The firm has a market cap of $1.89 billion, a PE ratio of 16.69 and a beta of 0.98. The firm has a 50 day simple moving average of $59.88 and a 200 day simple moving average of $58.22.

Franklin U.S. Mid Cap Multifactor Index ETF 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.