Geneos Wealth Management Inc. Trims Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Geneos Wealth Management Inc. decreased its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 25.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 77,752 shares of the company’s stock after selling 26,136 shares during the period. Geneos Wealth Management Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $4,223,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. HBW Advisory Services LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 2.0% during the 3rd quarter. HBW Advisory Services LLC now owns 19,893 shares of the company’s stock valued at $1,108,000 after purchasing an additional 393 shares during the period. Aspire Wealth Management Corp raised its holdings in 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 valued at $74,000 after acquiring an additional 492 shares during the period. Oppenheimer & Co. Inc. raised its holdings in 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 valued at $570,000 after acquiring an additional 800 shares during the period. Thomasville National Bank lifted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 0.9% in the fourth quarter. Thomasville National Bank now owns 92,416 shares of the company’s stock valued at $5,019,000 after acquiring an additional 861 shares in the last quarter. Finally, Franklin Resources Inc. grew 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 purchasing an additional 1,066 shares in the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Up 2.3 %

Shares of FLQM opened at $56.34 on Friday. The business’s 50 day moving average is $56.19 and its 200 day moving average is $54.99. 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 company has a market capitalization of $678.95 million, a PE ratio of 16.96 and a beta of 0.90.

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.