28-Feb-2025
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The fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its corresponding underlying index, LibertyQ U.S. Mid Cap Equity Index. The fund pursues low downside capture and strong risk-adjusted returns over the long term. The index methodology employs a rules-based, custom multi-factor approach providing exposure to four well known factors 50% Quality, 30% Value, 10% Momentum and 10% Low Volatility.
Franklin U.S. Mid Cap Multifactor Index ETF trades on the BATS stock market under the symbol FLQM.
As of February 28, 2025, FLQM stock price climbed to $55.12 with 94,029 million shares trading.
FLQM has a market cap of $1.48 billion. This is considered a Small Cap stock.
In the last 3 years, FLQM traded as high as $59.07 and as low as $37.02.
FLQM has underperformed the market in the last year with a return of +10.1%, while the SPY ETF gained +18.8%. In the last 3 month period, FLQM fell short of the market, returning -5.4%, while SPY returned -0.4%. However, in the most recent 2 weeks FLQM has outperformed the stock market by returning -0.6%, while SPY returned -2.5%.
FLQM support price is $54.13 and resistance is $55.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLQM shares will trade within this expected range on the day.