Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Acquired by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. grew its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 7.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 194,888 shares of the company’s stock after purchasing an additional 12,690 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF accounts for about 1.2% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 17th biggest holding. Redhawk Wealth Advisors Inc. owned about 0.64% of Franklin U.S. Mid Cap Multifactor Index ETF worth $10,964,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth approximately $51,000. NewEdge Advisors LLC grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the second quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock worth $58,000 after acquiring an additional 326 shares in the last quarter. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth $84,000. Keystone Financial Group purchased a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $214,000. Finally, JPMorgan Chase & Co. increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 45,360.0% during the third quarter. JPMorgan Chase & Co. now owns 4,546 shares of the company’s stock worth $257,000 after acquiring an additional 4,536 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 1.3%

Shares of BATS FLQM opened at $54.05 on Friday. The stock has a market cap of $1.66 billion, a P/E ratio of 16.69 and a beta of 0.98. The business’s fifty day simple moving average is $57.01 and its 200-day simple moving average is $56.61. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $46.23 and a 12-month high of $58.66.

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.