LPL Financial LLC Has $20.21 Million Position in Franklin Focused Growth ETF (NYSEARCA:FFOG)

LPL Financial LLC increased its holdings in Franklin Focused Growth ETF (NYSEARCA:FFOG) by 27.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 505,802 shares of the company’s stock after purchasing an additional 108,953 shares during the period. LPL Financial LLC owned approximately 23.53% of Franklin Focused Growth ETF worth $20,212,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. bought a new stake in shares of Franklin Focused Growth ETF in the 3rd quarter valued at approximately $21,164,000. Encompass More Asset Management lifted its holdings in shares of Franklin Focused Growth ETF by 8.6% during the fourth quarter. Encompass More Asset Management now owns 136,750 shares of the company’s stock valued at $5,465,000 after acquiring an additional 10,864 shares during the period. Avantax Advisory Services Inc. boosted its stake in shares of Franklin Focused Growth ETF by 23.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 58,703 shares of the company’s stock valued at $2,346,000 after purchasing an additional 11,328 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Franklin Focused Growth ETF during the 4th quarter worth about $1,869,000. Finally, Prosperity Financial Group Inc. lifted its holdings in Franklin Focused Growth ETF by 11.7% during the 4th quarter. Prosperity Financial Group Inc. now owns 43,266 shares of the company’s stock valued at $1,729,000 after purchasing an additional 4,540 shares during the last quarter.

Franklin Focused Growth ETF Stock Down 0.4 %

NYSEARCA:FFOG opened at $34.93 on Tuesday. The firm has a market cap of $108.28 million, a PE ratio of 38.40 and a beta of 1.43. Franklin Focused Growth ETF has a 12 month low of $31.32 and a 12 month high of $42.92. The company’s 50-day moving average price is $38.98 and its two-hundred day moving average price is $39.14.

About Franklin Focused Growth ETF

The Franklin Focused Growth ETF FOCUSED GROWTH ETF (FFOG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in equities perceived to have strong fundamentals and prospects for growth. The fund does not limit investments to any particular market-cap, industry or geography.