Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Acquired by MGO One Seven LLC

MGO One Seven LLC lifted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 9.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,383 shares of the company’s stock after acquiring an additional 1,417 shares during the period. MGO One Seven LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $890,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth about $25,000. Ameritas Advisory Services LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 2nd quarter worth about $53,000. Intrua Financial LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth about $212,000. International Assets Investment Management LLC purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter worth approximately $244,000. Finally, Axis Wealth Partners LLC grew its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 6.8% during the 1st 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 last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 1.8%

BATS:FLQM opened at $55.54 on Friday. The stock’s 50 day moving average price is $56.45 and its 200 day moving average price is $54.28. The company has a market capitalization of $1.70 billion, a PE ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $46.23 and a 52-week 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.