Orgel Wealth Management LLC Has $79.24 Million Stock Holdings in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Orgel Wealth Management LLC boosted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 4.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,403,767 shares of the company’s stock after purchasing an additional 63,528 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF comprises approximately 1.8% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. Orgel Wealth Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $79,243,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FLQM. Ameritas Advisory Services LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 2nd quarter worth about $53,000. NewEdge Advisors LLC raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after acquiring an additional 326 shares during the period. Intrua Financial LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth approximately $212,000. Cozad Asset Management Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter worth approximately $292,000. Finally, MBL Wealth LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter worth approximately $303,000.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.7%

Shares of BATS FLQM opened at $56.94 on Wednesday. The firm has a market cap of $1.75 billion, a P/E ratio of 16.69 and a beta of 0.98. The business’s 50 day moving average is $55.88 and its 200-day moving average is $55.60. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $46.23 and a 1-year high of $59.07.

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.