Kestra Private Wealth Services LLC Sells 11,769 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Kestra Private Wealth Services LLC trimmed its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 8.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,885 shares of the company’s stock after selling 11,769 shares during the period. Kestra Private Wealth Services LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $6,585,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FLQM. Richards Merrill & Peterson Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the first quarter valued at about $52,000. Sheets Smith Wealth Management raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 8.1% in the 1st quarter. Sheets Smith Wealth Management now owns 16,098 shares of the company’s stock valued at $884,000 after acquiring an additional 1,202 shares in the last quarter. Nations Financial Group Inc. IA ADV acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 1st quarter valued at approximately $237,000. Rockefeller Capital Management L.P. raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 736.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 19,101 shares of the company’s stock valued at $1,075,000 after acquiring an additional 16,817 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 14,585 shares of the company’s stock worth $821,000 after acquiring an additional 275 shares during the period.

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

Shares of FLQM stock opened at $58.08 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $53.64 and a 12 month high of $58.70. The company has a market capitalization of $1.78 billion, a P/E ratio of 16.69 and a beta of 0.98. The stock has a 50 day moving average of $56.87 and a two-hundred day moving average of $56.87.

About Franklin U.S. Mid Cap Multifactor Index ETF

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.