Flynn Zito Capital Management LLC Purchases 13,571 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Flynn Zito Capital Management LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 316,651 shares of the company’s stock after purchasing an additional 13,571 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF accounts for 6.4% of Flynn Zito Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Flynn Zito Capital Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $17,815,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Leo Wealth LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter worth $1,025,000. IAG Wealth Partners LLC increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 20.7% in the third quarter. IAG Wealth Partners LLC now owns 56,230 shares of the company’s stock worth $3,174,000 after acquiring an additional 9,658 shares during the last quarter. Integrity Financial Corp WA increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 87.6% in the third quarter. Integrity Financial Corp WA now owns 142,949 shares of the company’s stock worth $8,069,000 after acquiring an additional 66,737 shares during the last quarter. Eagle Wealth Strategies LLC increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 102.9% in the third quarter. Eagle Wealth Strategies LLC now owns 390,301 shares of the company’s stock worth $22,032,000 after acquiring an additional 197,968 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 7.0% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 194,888 shares of the company’s stock worth $10,964,000 after acquiring an additional 12,690 shares during the last quarter.

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

BATS FLQM opened at $55.85 on Tuesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $52.67 and a 1-year high of $58.66. The company has a market capitalization of $1.71 billion, a PE ratio of 16.69 and a beta of 0.98. The firm’s fifty day simple moving average is $55.89 and its 200-day simple moving average is $56.56.

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.