Axis Wealth Partners LLC Has $327,000 Position in Franklin U.S. Mid Cap Multifactor Index ETF $FLQM

Axis Wealth Partners LLC increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 25.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,023 shares of the company’s stock after acquiring an additional 1,206 shares during the quarter. Axis Wealth Partners LLC’s holdings in Franklin U.S. Mid Cap Multifactor Index ETF were worth $327,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Sheets Smith Wealth Management acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 2nd quarter worth approximately $776,000. Harbor Group Inc. increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 25.8% during the 2nd quarter. Harbor Group Inc. now owns 634,722 shares of the company’s stock worth $34,488,000 after acquiring an additional 130,091 shares during the last quarter. Park Avenue Securities LLC acquired a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 2nd quarter worth approximately $741,000. Sherrill & Hutchins Financial Advisory Inc increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 44.1% during the 2nd quarter. Sherrill & Hutchins Financial Advisory Inc now owns 174,064 shares of the company’s stock worth $9,453,000 after acquiring an additional 53,238 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. increased its holdings in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 5.0% during the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 169,834 shares of the company’s stock worth $9,224,000 after acquiring an additional 8,161 shares during the last quarter.

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

Shares of BATS FLQM opened at $56.59 on Wednesday. The stock’s fifty day moving average price is $56.00 and its two-hundred day moving average price is $53.89. Franklin U.S. Mid Cap Multifactor Index ETF has a one year low of $46.23 and a one year high of $59.07. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 16.69 and a beta of 0.98.

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.