Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Position Boosted by Orgel Wealth Management LLC

Orgel Wealth Management LLC boosted its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 165.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,537,350 shares of the company’s stock after buying an additional 958,040 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF makes up about 2.2% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding. Orgel Wealth Management LLC owned approximately 12.76% of Franklin U.S. Mid Cap Multifactor Index ETF worth $83,494,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Providence Capital Advisors LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $63,000. Aspire Wealth Management Corp increased its position in Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock valued at $74,000 after acquiring an additional 492 shares during the period. Signaturefd LLC bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at $90,000. Farther Finance Advisors LLC acquired a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth about $196,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth approximately $200,000.

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

Shares of BATS FLQM opened at $56.03 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $25.35 and a 1 year high of $28.79. The firm has a market cap of $675.19 million, a P/E ratio of 16.96 and a beta of 0.90. The stock has a fifty day moving average price of $56.27 and a two-hundred day moving average price of $54.82.

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.