Western Wealth Management LLC Invests $263,000 in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Western Wealth Management LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,462 shares of the company’s stock, valued at approximately $263,000. Western Wealth Management LLC owned approximately 0.10% of Franklin U.S. Mid Cap Multifactor Index ETF as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Commonwealth Equity Services LLC grew its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 9,816 shares of the company’s stock worth $422,000 after purchasing an additional 365 shares in the last quarter. Thomasville National Bank boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 1.1% in the fourth quarter. Thomasville National Bank now owns 88,283 shares of the company’s stock valued at $4,249,000 after buying an additional 927 shares in the last quarter. Redwood Financial Network Corp boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 15.8% in the third quarter. Redwood Financial Network Corp now owns 7,388 shares of the company’s stock valued at $317,000 after buying an additional 1,008 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 22.1% in the fourth quarter. Geneos Wealth Management Inc. now owns 76,733 shares of the company’s stock valued at $3,693,000 after buying an additional 13,890 shares in the last quarter. Finally, Flynn Zito Capital Management LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $728,000.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 0.9 %

BATS:FLQM opened at $50.37 on Tuesday. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $25.35 and a twelve month high of $28.79. The stock’s 50-day simple moving average is $51.35 and its 200 day simple moving average is $47.67. The firm has a market capitalization of $604.44 million, a PE ratio of 16.49 and a beta of 0.91.

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.