Oppenheimer & Co. Inc. Buys 8,885 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Oppenheimer & Co. Inc. lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 37.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,887 shares of the company’s stock after acquiring an additional 8,885 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.11% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,856,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Redhawk Wealth Advisors Inc. raised its position in Franklin U.S. Mid Cap Multifactor Index ETF by 7.3% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 182,198 shares of the company’s stock valued at $10,285,000 after purchasing an additional 12,364 shares in the last quarter. AllGen Financial Advisors Inc. grew its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.6% during the 3rd quarter. AllGen Financial Advisors Inc. now owns 176,960 shares of the company’s stock worth $9,989,000 after buying an additional 14,017 shares in the last quarter. Forefront Wealth Partners LLC purchased a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter valued at $649,000. Cozad Asset Management Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the second quarter valued at about $292,000. Finally, Empirical Asset Management LLC raised its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.2% in the second quarter. Empirical Asset Management LLC now owns 29,809 shares of the company’s stock valued at $1,619,000 after acquiring an additional 367 shares in the last quarter.

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

BATS:FLQM opened at $57.87 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1-year low of $46.23 and a 1-year high of $58.66. The company has a 50-day moving average of $57.38 and a 200 day moving average of $56.49. The firm has a market cap of $1.77 billion, a PE ratio of 16.69 and a beta of 0.98.

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.