Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 27.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,069 shares of the company’s stock after purchasing an additional 1,520 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $384,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FLQM. Raymond James Financial Inc. purchased a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth $92,389,000. Orgel Wealth Management LLC grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% during the fourth quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock worth $83,494,000 after acquiring an additional 958,040 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 10.1% during the fourth quarter. Private Advisor Group LLC now owns 384,946 shares of the company’s stock valued at $20,906,000 after acquiring an additional 35,203 shares in the last quarter. Financial Consulate Inc. increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 4.0% during the fourth quarter. Financial Consulate Inc. now owns 318,554 shares of the company’s stock valued at $17,301,000 after acquiring an additional 12,118 shares in the last quarter. Finally, Harbor Group Inc. raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 67.1% in the 4th quarter. Harbor Group Inc. now owns 255,148 shares of the company’s stock valued at $13,857,000 after purchasing an additional 102,474 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 3.1 %

BATS:FLQM opened at $53.34 on Thursday. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $49.72 and a twelve month high of $59.07. The company has a market cap of $1.45 billion, a PE ratio of 17.08 and a beta of 1.05. The company’s 50 day moving average is $54.75 and its two-hundred day moving average is $55.42.

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.