Kestra Private Wealth Services LLC Sells 11,769 Shares of Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Kestra Private Wealth Services LLC cut its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 8.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 119,885 shares of the company’s stock after selling 11,769 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.39% of Franklin U.S. Mid Cap Multifactor Index ETF worth $6,585,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of FLQM. Cetera Investment Advisers boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 23.3% during the fourth quarter. Cetera Investment Advisers now owns 1,311,994 shares of the company’s stock valued at $73,813,000 after acquiring an additional 247,905 shares during the period. TrustBank bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter worth about $10,271,000. Bank of America Corp DE increased its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 35.6% in the second quarter. Bank of America Corp DE now owns 677,284 shares of the company’s stock worth $36,783,000 after purchasing an additional 177,777 shares during the period. Piedmont Capital Management LLC NC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth about $9,934,000. Finally, Orion Porfolio Solutions LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 1,269.9% during the 4th quarter. Orion Porfolio Solutions LLC now owns 186,362 shares of the company’s stock valued at $10,485,000 after purchasing an additional 172,758 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 0.4%

FLQM opened at $58.08 on Friday. The stock’s 50 day moving average price is $56.87 and its two-hundred day moving average price is $56.87. The firm has a market capitalization of $1.78 billion, a P/E ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a 12-month low of $53.64 and a 12-month high of $58.70.

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.