Empirical Asset Management LLC Has $1.56 Million Stock Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Empirical Asset Management LLC lowered its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 5.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,793 shares of the company’s stock after selling 1,674 shares during the quarter. Empirical Asset Management LLC owned 0.24% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% during the 3rd quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock worth $131,859,000 after purchasing an additional 527,519 shares during the last quarter. CWM LLC increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% in the third quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after buying an additional 274,529 shares during the period. Bogart Wealth LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.8% during the third quarter. Bogart Wealth LLC now owns 711,224 shares of the company’s stock worth $39,615,000 after acquiring an additional 57,599 shares during the last quarter. Orgel Wealth Management LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth approximately $32,268,000. Finally, Raymond James & Associates boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 5.1% in the third quarter. Raymond James & Associates now owns 360,278 shares of the company’s stock valued at $20,067,000 after acquiring an additional 17,528 shares during the last quarter.

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

BATS:FLQM opened at $56.03 on Friday. The company has a 50 day simple moving average of $56.27 and a two-hundred day simple moving average of $54.80. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $25.35 and a fifty-two week high of $28.79. The company has a market capitalization of $675.19 million, a PE 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.