Ameritas Advisory Services LLC Makes New $53,000 Investment in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Ameritas Advisory Services LLC purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 969 shares of the company’s stock, valued at approximately $53,000.

Several other institutional investors and hedge funds have also bought and sold shares of FLQM. ProVise Management Group LLC grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.4% during the first quarter. ProVise Management Group LLC now owns 9,442 shares of the company’s stock valued at $501,000 after buying an additional 222 shares during the last quarter. Pacific Sun Financial Corp grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.6% during the first quarter. Pacific Sun Financial Corp now owns 7,172 shares of the company’s stock valued at $380,000 after buying an additional 250 shares during the last quarter. Redwood Financial Network Corp grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.6% during the first quarter. Redwood Financial Network Corp now owns 11,205 shares of the company’s stock valued at $594,000 after buying an additional 282 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.4% during the first quarter. Kestra Advisory Services LLC now owns 67,031 shares of the company’s stock valued at $3,553,000 after buying an additional 296 shares during the last quarter. Finally, Atria Wealth Solutions Inc. grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.8% during the first quarter. Atria Wealth Solutions Inc. now owns 10,831 shares of the company’s stock valued at $574,000 after buying an additional 300 shares during the last quarter.

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

BATS:FLQM opened at $54.98 on Monday. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $46.23 and a one year high of $59.07. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98. The firm’s fifty day moving average is $56.38 and its two-hundred day moving average is $54.22.

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.