Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Bought by Financial Consulate Inc.

Financial Consulate Inc. raised its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 8.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 359,563 shares of the company’s stock after acquiring an additional 26,700 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF makes up approximately 3.9% of Financial Consulate Inc.’s holdings, making the stock its 10th biggest holding. Financial Consulate Inc. owned 1.17% of Franklin U.S. Mid Cap Multifactor Index ETF worth $19,528,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FLQM. Golden State Wealth Management LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the first quarter valued at approximately $25,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1,703.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,029 shares of the company’s stock worth $161,000 after buying an additional 2,861 shares during the period. Intrua Financial LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth $212,000. International Assets Investment Management LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth $244,000. Finally, Axis Wealth Partners LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 6.8% during the first quarter. Axis Wealth Partners LLC now owns 4,817 shares of the company’s stock worth $255,000 after buying an additional 306 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 0.0%

BATS:FLQM opened at $56.55 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $46.23 and a 12 month high of $59.07. The firm has a fifty day simple moving average of $56.16 and a 200-day simple moving average of $54.02. The company has a market capitalization of $1.73 billion, a P/E ratio of 16.69 and a beta of 0.98.

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.