Onyx Bridge Wealth Group LLC Acquires New Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Onyx Bridge Wealth Group LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) during the third quarter, Holdings Channel reports. The fund bought 3,744 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors also recently bought and sold shares of FLQM. Empirical Asset Management LLC increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 20.1% during the 3rd quarter. Empirical Asset Management LLC now owns 30,467 shares of the company’s stock worth $1,697,000 after buying an additional 5,107 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 2.8% in the third quarter. Redhawk Wealth Advisors Inc. now owns 107,806 shares of the company’s stock worth $6,005,000 after acquiring an additional 2,957 shares during the period. Beaumont Financial Advisors LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $963,000. Harbor Group Inc. raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 253.5% in the third quarter. Harbor Group Inc. now owns 152,674 shares of the company’s stock valued at $8,504,000 after purchasing an additional 109,489 shares during the period. Finally, CWM LLC lifted its stake 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 valued at $57,680,000 after purchasing an additional 274,529 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 0.1 %

BATS FLQM opened at $56.43 on Friday. The stock has a fifty day simple moving average of $54.57 and a 200-day simple moving average of $52.69. The stock has a market cap of $679.98 million, a PE ratio of 16.96 and a beta of 0.90. Franklin U.S. Mid Cap Multifactor Index ETF has a twelve month low of $25.35 and a twelve month 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.