KPP Advisory Services LLC Purchases 1,265 Shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

KPP Advisory Services LLC lifted its stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 1.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 76,631 shares of the company’s stock after buying an additional 1,265 shares during the quarter. Franklin U.S. Mid Cap Multifactor Index ETF makes up approximately 1.0% of KPP Advisory Services LLC’s investment portfolio, making the stock its 23rd biggest holding. KPP Advisory Services LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $4,162,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Aspire Wealth Management Corp increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% during the third quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock worth $74,000 after acquiring an additional 492 shares during the period. HBW Advisory Services LLC increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 3.5% during the fourth quarter. HBW Advisory Services LLC now owns 20,591 shares of the company’s stock worth $1,118,000 after acquiring an additional 698 shares during the period. Oppenheimer & Co. Inc. increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.5% during the third quarter. Oppenheimer & Co. Inc. now owns 10,238 shares of the company’s stock worth $570,000 after acquiring an additional 800 shares during the period. Thomasville National Bank increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.9% during the fourth quarter. Thomasville National Bank now owns 92,416 shares of the company’s stock worth $5,019,000 after acquiring an additional 861 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 8.2% during the third quarter. Franklin Resources Inc. now owns 14,084 shares of the company’s stock worth $790,000 after acquiring an additional 1,066 shares during the period.

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

Shares of BATS:FLQM opened at $55.82 on Monday. The firm has a market cap of $672.63 million, a PE ratio of 16.96 and a beta of 0.90. The firm’s 50 day simple moving average is $56.12 and its 200-day simple moving average is $55.16. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $25.35 and a one year high of $28.79.

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.