Thurston Springer Miller Herd & Titak Inc. Has $161,000 Stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Thurston Springer Miller Herd & Titak Inc. increased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 1,703.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,029 shares of the company’s stock after buying an additional 2,861 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $161,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter valued at $92,389,000. Ameriprise Financial Inc. boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 71.4% during the 4th quarter. Ameriprise Financial Inc. now owns 1,887,635 shares of the company’s stock valued at $102,509,000 after acquiring an additional 786,150 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2,040.9% during the 4th quarter. MML Investors Services LLC now owns 385,089 shares of the company’s stock valued at $20,914,000 after acquiring an additional 367,102 shares in the last quarter. LPL Financial LLC lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 2,526,850 shares of the company’s stock worth $137,233,000 after buying an additional 159,538 shares during the period. Finally, Atria Investments Inc lifted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 344.3% during the 4th quarter. Atria Investments Inc now owns 164,792 shares of the company’s stock worth $8,950,000 after buying an additional 127,698 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 7.1%

Shares of FLQM opened at $54.22 on Friday. The company has a market capitalization of $1.62 billion, a PE ratio of 16.95 and a beta of 1.00. 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 stock’s 50-day moving average price is $51.93 and its two-hundred day moving average price is $54.16.

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.