Franklin U.S. Mid Cap Multifactor Index ETF $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 37.0% during the 3rd quarter, Holdings Channel reports. The fund owned 32,887 shares of the company’s stock after purchasing an additional 8,885 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $1,856,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after acquiring an additional 326 shares during the period. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth approximately $84,000. Cozad Asset Management Inc. purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 2nd quarter valued at approximately $292,000. Personal CFO Solutions LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 2nd quarter valued at $373,000. Finally, Axis Wealth Partners LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 10.8% in the 3rd quarter. Axis Wealth Partners LLC now owns 6,672 shares of the company’s stock valued at $377,000 after purchasing an additional 649 shares during the period.

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

FLQM stock opened at $57.87 on Friday. The firm has a market cap of $1.77 billion, a PE ratio of 16.69 and a beta of 0.98. The firm’s fifty day moving average is $57.38 and its 200 day moving average is $56.49. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $46.23 and a one year high of $58.66.

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.