Franklin Income Focus ETF (NYSEARCA:INCM) Stock Position Lifted by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its holdings in Franklin Income Focus ETF (NYSEARCA:INCM) by 22.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,051 shares of the company’s stock after purchasing an additional 5,883 shares during the quarter. Prospera Financial Services Inc’s holdings in Franklin Income Focus ETF were worth $871,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Commonwealth Equity Services LLC grew its stake in shares of Franklin Income Focus ETF by 0.6% in the second quarter. Commonwealth Equity Services LLC now owns 120,533 shares of the company’s stock worth $3,117,000 after purchasing an additional 688 shares in the last quarter. LVZ Inc. boosted its stake in Franklin Income Focus ETF by 2.4% during the second quarter. LVZ Inc. now owns 73,369 shares of the company’s stock valued at $1,898,000 after buying an additional 1,734 shares in the last quarter. Financial Advocates Investment Management boosted its stake in Franklin Income Focus ETF by 34.9% during the third quarter. Financial Advocates Investment Management now owns 12,745 shares of the company’s stock valued at $346,000 after buying an additional 3,295 shares in the last quarter. Harbour Investments Inc. boosted its stake in Franklin Income Focus ETF by 273.4% during the third quarter. Harbour Investments Inc. now owns 8,121 shares of the company’s stock valued at $221,000 after buying an additional 5,946 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in Franklin Income Focus ETF during the second quarter valued at about $202,000.

Franklin Income Focus ETF Stock Up 0.3 %

Shares of INCM stock opened at $26.99 on Friday. The stock has a 50-day simple moving average of $27.02 and a 200 day simple moving average of $26.52. Franklin Income Focus ETF has a fifty-two week low of $24.57 and a fifty-two week high of $27.65.

About Franklin Income Focus ETF

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.