Franklin U.S. Mid Cap Multifactor Index ETF $FLQM Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC trimmed its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 14.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,964 shares of the company’s stock after selling 645 shares during the quarter. International Assets Investment Management LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FLQM. Golden State Wealth Management LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth about $25,000. Ameritas Advisory Services LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the second quarter worth about $53,000. Intrua Financial LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth about $212,000. Axis Wealth Partners LLC boosted its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 6.8% during the first quarter. Axis Wealth Partners LLC now owns 4,817 shares of the company’s stock worth $255,000 after buying an additional 306 shares in the last quarter. Finally, IFG Advisory LLC purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the first quarter worth about $276,000.

Franklin U.S. Mid Cap Multifactor Index ETF Trading Down 0.7%

FLQM stock opened at $56.20 on Friday. The company has a market cap of $1.72 billion, a P/E ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $46.23 and a 52 week high of $59.07. The company’s 50-day moving average price is $56.51 and its 200 day moving average price is $54.48.

About Franklin U.S. Mid Cap Multifactor Index ETF

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.