Flynn Zito Capital Management LLC Buys 153,025 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Flynn Zito Capital Management LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 903.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 169,960 shares of the company’s stock after purchasing an additional 153,025 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF accounts for 5.5% of Flynn Zito Capital Management LLC’s holdings, making the stock its 7th biggest holding. Flynn Zito Capital Management LLC owned approximately 3.12% of Franklin U.S. Mid Cap Multifactor Index ETF worth $8,180,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of FLQM. Solano Wealth Management Inc. boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 0.7% in the third quarter. Solano Wealth Management Inc. now owns 33,718 shares of the company’s stock valued at $1,449,000 after buying an additional 236 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 2.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 14,709 shares of the company’s stock valued at $696,000 after buying an additional 329 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in Franklin U.S. Mid Cap Multifactor Index ETF by 3.9% in the third quarter. Commonwealth Equity Services LLC now owns 9,816 shares of the company’s stock valued at $422,000 after buying an additional 365 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.6% during the first quarter. Bank of America Corp DE now owns 15,722 shares of the company’s stock valued at $680,000 after purchasing an additional 404 shares in the last quarter. Finally, Empirical Asset Management LLC boosted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 1.9% during the fourth quarter. Empirical Asset Management LLC now owns 23,920 shares of the company’s stock valued at $1,151,000 after purchasing an additional 453 shares in the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Down 0.1 %

Shares of FLQM stock traded down $0.05 during mid-day trading on Thursday, reaching $49.83. 248,661 shares of the stock traded hands. The stock’s fifty day simple moving average is $51.30 and its two-hundred day simple moving average is $47.47. 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 company has a market cap of $271.57 million, a price-to-earnings ratio of 15.10 and a beta of 1.00.

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.