Fort Washington Investment Advisors Inc. OH Acquires New Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the 4th quarter, Holdings Channel reports. The fund acquired 11,800 shares of the company’s stock, valued at approximately $641,000.

Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% during the 3rd quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock valued at $131,859,000 after purchasing an additional 527,519 shares during the last quarter. Orgel Wealth Management LLC boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% during the 4th quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock valued at $83,494,000 after acquiring an additional 958,040 shares during the last quarter. CWM LLC boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the 3rd quarter. CWM LLC now owns 1,035,544 shares of the company’s stock valued at $57,680,000 after acquiring an additional 274,529 shares during the last quarter. Bogart Wealth LLC boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.8% during the 3rd quarter. Bogart Wealth LLC now owns 711,224 shares of the company’s stock valued at $39,615,000 after acquiring an additional 57,599 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 5.1% during the 3rd quarter. Raymond James & Associates now owns 360,278 shares of the company’s stock valued at $20,067,000 after acquiring an additional 17,528 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 2.5 %

Shares of BATS FLQM opened at $56.45 on Friday. The firm’s 50-day moving average price is $56.20 and its 200-day moving average price is $54.94. The company has a market cap of $680.16 million, a PE ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $25.35 and a 52-week high of $28.79.

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.