TAP Consulting LLC Takes $1.16 Million Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

TAP Consulting LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,419 shares of the company’s stock, valued at approximately $1,163,000. TAP Consulting LLC owned approximately 0.18% of Franklin U.S. Mid Cap Multifactor Index ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of FLQM. Assetmark Inc. purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth approximately $29,000. Providence Capital Advisors LLC purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $63,000. Sanctuary Advisors LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth $200,000. Farther Finance Advisors LLC lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 6.1% in the fourth quarter. Farther Finance Advisors LLC now owns 3,729 shares of the company’s stock valued at $203,000 after acquiring an additional 216 shares in the last quarter. Finally, Wintrust Investments LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter valued at $225,000.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 3.6 %

Shares of FLQM stock opened at $53.07 on Thursday. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 16.92 and a beta of 1.05. The firm has a 50-day moving average price of $54.91 and a 200 day moving average price of $55.45. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $49.72 and a twelve month high of $59.07.

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.