International Assets Investment Management LLC Has $668,000 Holdings in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

International Assets Investment Management LLC trimmed its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 7.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,565 shares of the company’s stock after selling 975 shares during the quarter. International Assets Investment Management LLC owned approximately 0.23% of Franklin U.S. Mid Cap Multifactor Index ETF worth $668,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Aspire Wealth Management Corp acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter valued at about $29,000. Principal Securities Inc. bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter worth about $37,000. Aspire Private Capital LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 34.4% during the fourth quarter. Aspire Private Capital LLC now owns 1,901 shares of the company’s stock worth $91,000 after acquiring an additional 487 shares during the last quarter. Redhawk Wealth Advisors Inc. bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the fourth quarter worth about $209,000. Finally, Private Trust Co. NA raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 12.3% during the fourth quarter. Private Trust Co. NA now owns 5,209 shares of the company’s stock worth $251,000 after acquiring an additional 569 shares during the last quarter.

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

Shares of FLQM opened at $51.56 on Monday. Franklin U.S. Mid Cap Multifactor Index ETF has a 1 year low of $25.35 and a 1 year high of $28.79. The company has a market capitalization of $621.30 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. The business has a 50-day moving average of $51.32 and a 200-day moving average of $50.21.

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.