Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Sold by Stratos Investment Management LLC

Stratos Investment Management LLC lowered its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 14.6% in the fourth quarter, Holdings Channel reports. The firm owned 162,217 shares of the company’s stock after selling 27,749 shares during the period. Stratos Investment Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $8,810,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Aspire Wealth Management Corp boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% in the third quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock worth $74,000 after buying an additional 492 shares during the period. HBW Advisory Services LLC boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 3.5% in the 4th quarter. HBW Advisory Services LLC now owns 20,591 shares of the company’s stock worth $1,118,000 after acquiring an additional 698 shares during the period. Oppenheimer & Co. Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 8.5% in the third quarter. Oppenheimer & Co. Inc. now owns 10,238 shares of the company’s stock valued at $570,000 after acquiring an additional 800 shares in the last quarter. Thomasville National Bank raised its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.9% during the fourth quarter. Thomasville National Bank now owns 92,416 shares of the company’s stock valued at $5,019,000 after purchasing an additional 861 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.2% during the third quarter. Franklin Resources Inc. now owns 14,084 shares of the company’s stock worth $790,000 after purchasing an additional 1,066 shares in the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 1.1 %

FLQM opened at $55.67 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $25.35 and a twelve month high of $28.79. The firm has a market cap of $670.76 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. The company has a fifty day simple moving average of $56.05 and a 200 day simple moving average of $55.19.

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.