Raymond James Financial Inc. Purchases New Stake in Franklin Focused Growth ETF (NYSEARCA:FFOG)

Raymond James Financial Inc. acquired a new position in shares of Franklin Focused Growth ETF (NYSEARCA:FFOG) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 46,762 shares of the company’s stock, valued at approximately $1,869,000.

Other large investors have also recently bought and sold shares of the company. Stifel Financial Corp boosted its stake in shares of Franklin Focused Growth ETF by 20.1% during the 3rd quarter. Stifel Financial Corp now owns 7,784 shares of the company’s stock worth $290,000 after acquiring an additional 1,301 shares in the last quarter. Geneos Wealth Management Inc. purchased a new stake in Franklin Focused Growth ETF during the fourth quarter worth $131,000. Jane Street Group LLC purchased a new stake in Franklin Focused Growth ETF during the third quarter worth $377,000. Encompass More Asset Management grew its holdings in Franklin Focused Growth ETF by 8.6% in the fourth quarter. Encompass More Asset Management now owns 136,750 shares of the company’s stock valued at $5,465,000 after purchasing an additional 10,864 shares during the last quarter. Finally, Empire Life Investments Inc. increased its position in shares of Franklin Focused Growth ETF by 176.0% in the fourth quarter. Empire Life Investments Inc. now owns 28,700 shares of the company’s stock valued at $1,147,000 after buying an additional 18,300 shares in the last quarter.

Franklin Focused Growth ETF Stock Down 0.4 %

Franklin Focused Growth ETF stock opened at $34.93 on Tuesday. The firm’s 50-day simple moving average is $38.98 and its 200 day simple moving average is $39.14. Franklin Focused Growth ETF has a 52 week low of $31.32 and a 52 week high of $42.92. The firm has a market capitalization of $108.28 million, a PE ratio of 38.40 and a beta of 1.43.

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.