Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Sold by Moneywise Inc.

Moneywise Inc. lowered its stake in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 18.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,152 shares of the company’s stock after selling 6,979 shares during the quarter. Moneywise Inc.’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $1,692,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Axis Wealth Partners LLC lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 25.0% in the second quarter. Axis Wealth Partners LLC now owns 6,023 shares of the company’s stock valued at $327,000 after buying an additional 1,206 shares during the last quarter. Sheets Smith Wealth Management acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the second quarter valued at about $776,000. Harbor Group Inc. lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 25.8% in the second quarter. Harbor Group Inc. now owns 634,722 shares of the company’s stock valued at $34,488,000 after buying an additional 130,091 shares during the last quarter. Park Avenue Securities LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the second quarter valued at about $741,000. Finally, Sherrill & Hutchins Financial Advisory Inc lifted its position in Franklin U.S. Mid Cap Multifactor Index ETF by 44.1% in the second quarter. Sherrill & Hutchins Financial Advisory Inc now owns 174,064 shares of the company’s stock valued at $9,453,000 after buying an additional 53,238 shares during the last quarter.

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

BATS FLQM opened at $56.42 on Thursday. The firm’s 50-day moving average is $56.04 and its two-hundred day moving average is $53.90. Franklin U.S. Mid Cap Multifactor Index ETF has a 12 month low of $46.23 and a 12 month high of $59.07. The stock has a market capitalization of $1.73 billion, a P/E ratio of 16.69 and a beta of 0.98.

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.