Franklin Income Focus ETF (NYSEARCA:INCM) Shares Acquired by Stifel Financial Corp

Stifel Financial Corp boosted its holdings in Franklin Income Focus ETF (NYSEARCA:INCM) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 159,474 shares of the company’s stock after buying an additional 1,072 shares during the quarter. Stifel Financial Corp owned 1.84% of Franklin Income Focus ETF worth $4,334,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new stake in shares of Franklin Income Focus ETF during the second quarter worth $202,000. Harbour Investments Inc. raised its holdings in Franklin Income Focus ETF by 273.4% during the 3rd quarter. Harbour Investments Inc. now owns 8,121 shares of the company’s stock worth $221,000 after buying an additional 5,946 shares during the period. Kennedy Investment Group purchased a new stake in Franklin Income Focus ETF during the third quarter valued at about $224,000. Savvy Advisors Inc. acquired a new position in shares of Franklin Income Focus ETF in the third quarter worth about $231,000. Finally, Financial Advocates Investment Management acquired a new stake in shares of Franklin Income Focus ETF during the second quarter valued at approximately $244,000.

Franklin Income Focus ETF Stock Down 0.3 %

Franklin Income Focus ETF stock opened at $26.70 on Monday. Franklin Income Focus ETF has a 52 week low of $25.13 and a 52 week high of $27.65. The company has a 50 day moving average price of $26.98 and a 200 day moving average price of $26.65.

Franklin Income Focus ETF Profile

The Franklin Income Focus ETF (INCM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a diversified portfolio of equities and debt securities. The fund seeks to maximize income over a full market cycle by utilizing income generation strategies and investing opportunistically across various assets classes, markets, and sectors.