Financial Consulate Inc. Has $17.07 Million Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Financial Consulate Inc. boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 7.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 306,436 shares of the company’s stock after purchasing an additional 20,826 shares during the period. Franklin U.S. Mid Cap Multifactor Index ETF comprises 4.5% of Financial Consulate Inc.’s holdings, making the stock its 9th largest position. Financial Consulate Inc. owned approximately 2.54% of Franklin U.S. Mid Cap Multifactor Index ETF worth $17,068,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 6.2% during the 2nd quarter. LPL Financial LLC now owns 1,839,793 shares of the company’s stock valued at $94,363,000 after purchasing an additional 107,556 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,274,133 shares of the company’s stock worth $65,350,000 after acquiring an additional 6,823 shares during the period. CWM LLC grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% in the 3rd quarter. CWM LLC now owns 1,035,544 shares of the company’s stock worth $57,680,000 after buying an additional 274,529 shares during the period. Orgel Wealth Management LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at approximately $32,268,000. Finally, Raymond James & Associates boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 5.1% in the third quarter. Raymond James & Associates now owns 360,278 shares of the company’s stock worth $20,067,000 after acquiring an additional 17,528 shares in the last quarter.

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

FLQM stock opened at $55.84 on Tuesday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $25.35 and a 12-month high of $28.79. The stock’s 50 day simple moving average is $54.65 and its 200 day simple moving average is $52.71. The stock has a market capitalization of $672.81 million, a PE ratio of 16.96 and a beta of 0.90.

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.