Flynn Zito Capital Management LLC decreased its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Free Report) by 7.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 210,977 shares of the company’s stock after selling 16,001 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF makes up about 3.2% of Flynn Zito Capital Management LLC’s portfolio, making the stock its 8th biggest position. Flynn Zito Capital Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $12,118,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of FLQM. M Holdings Securities Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth $225,000. Kestra Advisory Services LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 5.5% in the third quarter. Kestra Advisory Services LLC now owns 76,555 shares of the company’s stock valued at $4,397,000 after buying an additional 3,985 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $6,868,000. Signature Equity Partners LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 626.2% in the third quarter. Signature Equity Partners LLC now owns 1,663 shares of the company’s stock valued at $96,000 after acquiring an additional 1,434 shares during the last quarter. Finally, Vise Technologies Inc. bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $441,000.
Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 1.8%
Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $62.69 on Tuesday. The stock has a market cap of $1.48 billion, a PE ratio of 16.64 and a beta of 0.89. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $53.87 and a 12-month high of $63.91. The business’s 50-day moving average price is $59.95 and its two-hundred day moving average price is $58.32.
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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