Focus Financial Network Inc. increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 278.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 27,285 shares of the company’s stock after purchasing an additional 20,081 shares during the quarter. Focus Financial Network Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $1,482,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently bought and sold shares of FLQM. AQR Capital Management LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 49.7% during the second quarter. AQR Capital Management LLC now owns 8,180 shares of the company’s stock valued at $420,000 after purchasing an additional 2,716 shares in the last quarter. Onyx Bridge Wealth Group LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at $209,000. Orgel Wealth Management LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth $32,268,000. Stratos Investment Management LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 0.8% in the 3rd quarter. Stratos Investment Management LLC now owns 189,966 shares of the company’s stock worth $10,581,000 after buying an additional 1,504 shares in the last quarter. Finally, KMG Fiduciary Partners LLC raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 369.4% during the third quarter. KMG Fiduciary Partners LLC now owns 57,214 shares of the company’s stock valued at $3,187,000 after acquiring an additional 45,026 shares during the period.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 0.8 %
BATS FLQM opened at $55.49 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $25.35 and a twelve month high of $28.79. The business has a 50-day moving average price of $55.77 and a 200-day moving average price of $55.29. The firm has a market cap of $668.65 million, a price-to-earnings ratio of 16.96 and a beta of 0.90.
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.
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Want to see what other hedge funds are holding FLQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report).
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