Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Holdings Boosted by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC increased its position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 26.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 215,470 shares of the company’s stock after buying an additional 45,431 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF comprises 5.7% of Flynn Zito Capital Management LLC’s holdings, making the stock its 5th largest position. Flynn Zito Capital Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $11,051,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF in the fourth quarter worth $652,000. Lincoln National Corp boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 12.5% during the 4th quarter. Lincoln National Corp now owns 15,576 shares of the company’s stock valued at $750,000 after acquiring an additional 1,725 shares during the period. Principal Securities Inc. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter valued at about $37,000. Avantax Advisory Services Inc. grew its position in Franklin U.S. Mid Cap Multifactor Index ETF by 22.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 65,880 shares of the company’s stock worth $3,171,000 after acquiring an additional 11,870 shares during the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 4th quarter worth approximately $782,000.

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

BATS:FLQM opened at $53.05 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $25.35 and a fifty-two week high of $28.79. The firm has a market cap of $639.25 million, a PE ratio of 16.96 and a beta of 0.90. The business has a 50 day moving average price of $52.83 and a 200-day moving average price of $51.97.

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.