Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Stock: MBL Wealth LLC Increases Holdings

MBL Wealth LLC boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 389.4% in the 3rd quarter, Holdings Channel reports. The firm owned 41,285 shares of the company’s stock after buying an additional 32,850 shares during the period. MBL Wealth LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $2,371,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 10.9% in the 1st quarter. Cetera Investment Advisers now owns 1,454,613 shares of the company’s stock valued at $79,902,000 after purchasing an additional 142,619 shares in the last quarter. Harbor Group Inc. increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.7% in the 3rd quarter. Harbor Group Inc. now owns 961,646 shares of the company’s stock valued at $55,237,000 after purchasing an additional 16,330 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.3% in the 1st quarter. Royal Bank of Canada now owns 322,764 shares of the company’s stock valued at $17,729,000 after purchasing an additional 1,072 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 6.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 288,323 shares of the company’s stock worth $16,690,000 after buying an additional 16,368 shares in the last quarter. Finally, Sherrill & Hutchins Financial Advisory Inc raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.4% during the 3rd quarter. Sherrill & Hutchins Financial Advisory Inc now owns 247,178 shares of the company’s stock worth $14,198,000 after buying an additional 993 shares in the last quarter.

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

Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $62.18 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $53.87 and a 52 week high of $62.20. The stock has a market capitalization of $1.91 billion, a P/E ratio of 16.69 and a beta of 0.98. The stock has a fifty day moving average of $59.85 and a 200-day moving average of $58.57.

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.