Bogart Wealth LLC Buys 26,941 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Bogart Wealth LLC increased its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 3.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 740,023 shares of the company’s stock after acquiring an additional 26,941 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF accounts for approximately 1.7% of Bogart Wealth LLC’s portfolio, making the stock its 15th largest position. Bogart Wealth LLC owned approximately 2.41% of Franklin U.S. Mid Cap Multifactor Index ETF worth $40,191,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Ameriprise Financial Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 37.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,600,056 shares of the company’s stock valued at $137,868,000 after purchasing an additional 712,421 shares during the period. LPL Financial LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 2.3% in the 1st quarter. LPL Financial LLC now owns 2,586,118 shares of the company’s stock valued at $137,090,000 after purchasing an additional 59,268 shares during the period. CWM LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 19.2% in the 1st quarter. CWM LLC now owns 1,441,503 shares of the company’s stock valued at $76,414,000 after purchasing an additional 231,691 shares during the period. Harbor Group Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 25.8% in the 2nd quarter. Harbor Group Inc. now owns 634,722 shares of the company’s stock valued at $34,488,000 after purchasing an additional 130,091 shares during the period. Finally, Cetera Investment Advisers grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 48.9% in the 1st quarter. Cetera Investment Advisers now owns 552,890 shares of the company’s stock valued at $29,309,000 after purchasing an additional 181,584 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 1.3%

BATS FLQM opened at $55.86 on Monday. The company has a fifty day simple moving average of $56.47 and a 200 day simple moving average of $54.31. 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 company has a market cap of $1.71 billion, a P/E ratio of 16.69 and a beta of 0.98.

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.