Landmark Wealth Management Inc. Sells 3,932 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Landmark Wealth Management Inc. lessened its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 9.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,523 shares of the company’s stock after selling 3,932 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF accounts for about 1.0% of Landmark Wealth Management Inc.’s investment portfolio, making the stock its 27th largest position. Landmark Wealth Management Inc. owned 0.31% of Franklin U.S. Mid Cap Multifactor Index ETF worth $2,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Orgel Wealth Management LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 165.4% during the fourth quarter. Orgel Wealth Management LLC now owns 1,537,350 shares of the company’s stock worth $83,494,000 after acquiring an additional 958,040 shares during the last quarter. LPL Financial LLC grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 28.7% during the third quarter. LPL Financial LLC now owns 2,367,312 shares of the company’s stock worth $131,859,000 after purchasing an additional 527,519 shares during the period. CWM LLC grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 36.1% during the third quarter. CWM LLC now owns 1,035,544 shares of the company’s stock worth $57,680,000 after purchasing an additional 274,529 shares during the period. Financial Partners Group Inc acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $6,925,000. Finally, Harbor Group Inc. grew its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 253.5% during the third quarter. Harbor Group Inc. now owns 152,674 shares of the company’s stock worth $8,504,000 after purchasing an additional 109,489 shares during the period.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 1.5 %

Shares of Franklin U.S. Mid Cap Multifactor Index ETF stock opened at $55.90 on Friday. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $25.35 and a 12 month high of $28.79. The business has a fifty day simple moving average of $55.94 and a 200 day simple moving average of $55.21. The stock has a market cap of $673.56 million, a PE ratio of 16.96 and a beta of 0.90.

Franklin U.S. Mid Cap Multifactor Index ETF 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.