Focus Financial Network Inc. Has $1.48 Million Position in Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM)

Focus Financial Network Inc. boosted its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) by 278.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,285 shares of the company’s stock after buying an additional 20,081 shares during the quarter. Focus Financial Network Inc. owned approximately 0.23% of Franklin U.S. Mid Cap Multifactor Index ETF worth $1,482,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Providence Capital Advisors LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $63,000. Aspire Wealth Management Corp raised its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 59.4% during the 3rd quarter. Aspire Wealth Management Corp now owns 1,320 shares of the company’s stock worth $74,000 after purchasing an additional 492 shares during the last quarter. Signaturefd LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at about $90,000. Farther Finance Advisors LLC acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter valued at about $196,000. Finally, Sanctuary Advisors LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at about $200,000.

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

FLQM opened at $55.49 on Wednesday. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $25.35 and a fifty-two week high of $28.79. The company has a market cap of $668.65 million, a price-to-earnings ratio of 16.96 and a beta of 0.90. The firm has a 50 day simple moving average of $55.77 and a 200 day simple moving average of $55.29.

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.