Larson Financial Group LLC raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 13.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 763,243 shares of the company’s stock after purchasing an additional 90,960 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF comprises about 1.4% of Larson Financial Group LLC’s holdings, making the stock its 11th largest holding. Larson Financial Group LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $42,940,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Beaumont Financial Advisors LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 1.3% in the fourth quarter. Beaumont Financial Advisors LLC now owns 16,673 shares of the company’s stock valued at $938,000 after acquiring an additional 214 shares during the last quarter. Pinnacle Financial Partners Inc. boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 2.6% in the third quarter. Pinnacle Financial Partners Inc. now owns 8,835 shares of the company’s stock valued at $499,000 after acquiring an additional 220 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock valued at $97,000 after acquiring an additional 221 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after acquiring an additional 326 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 3.0% in the second quarter. Orion Porfolio Solutions LLC now owns 14,368 shares of the company’s stock valued at $780,000 after acquiring an additional 420 shares during the last quarter.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance
Shares of FLQM stock opened at $55.85 on Tuesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $52.67 and a 52-week high of $58.66. The stock has a market cap of $1.71 billion, a PE ratio of 16.69 and a beta of 0.98. The firm’s 50 day moving average price is $55.89 and its two-hundred day moving average price is $56.56.
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.
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