Larson Financial Group LLC Buys 90,960 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Larson Financial Group LLC increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 13.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 763,243 shares of the company’s stock after purchasing an additional 90,960 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF comprises about 1.4% of Larson Financial Group LLC’s portfolio, making the stock its 11th biggest position. Larson Financial Group LLC owned 2.49% of Franklin U.S. Mid Cap Multifactor Index ETF worth $42,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Franklin U.S. Mid Cap Multifactor Index ETF Price Performance

FLQM opened at $55.85 on Tuesday. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $52.67 and a one year high of $58.66. The stock has a market capitalization of $1.71 billion, a P/E ratio of 16.69 and a beta of 0.98. The company’s 50 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 Company 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.