Raymond James Trust N.A. Purchases 2,050 Shares of Franklin Income Focus ETF (NYSEARCA:INCM)

Raymond James Trust N.A. increased its holdings in shares of Franklin Income Focus ETF (NYSEARCA:INCM) by 20.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,218 shares of the company’s stock after acquiring an additional 2,050 shares during the period. Raymond James Trust N.A.’s holdings in Franklin Income Focus ETF were worth $332,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of INCM. Commonwealth Equity Services LLC lifted its position in shares of Franklin Income Focus ETF by 0.6% during 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. raised its position in Franklin Income Focus ETF by 2.4% in the 2nd quarter. LVZ Inc. now owns 73,369 shares of the company’s stock worth $1,898,000 after purchasing an additional 1,734 shares during the last quarter. Financial Advocates Investment Management lifted its holdings in Franklin Income Focus ETF by 34.9% during the 3rd quarter. Financial Advocates Investment Management now owns 12,745 shares of the company’s stock worth $346,000 after buying an additional 3,295 shares in the last quarter. Prospera Financial Services Inc boosted its position in Franklin Income Focus ETF by 22.5% in the 3rd quarter. Prospera Financial Services Inc now owns 32,051 shares of the company’s stock valued at $871,000 after buying an additional 5,883 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in shares of Franklin Income Focus ETF by 273.4% during the third quarter. Harbour Investments Inc. now owns 8,121 shares of the company’s stock worth $221,000 after acquiring an additional 5,946 shares during the last quarter.

Franklin Income Focus ETF Stock Up 0.1 %

Shares of INCM opened at $27.17 on Thursday. The stock’s fifty day simple moving average is $27.03 and its 200-day simple moving average is $26.56. Franklin Income Focus ETF has a 12-month low of $24.67 and a 12-month high of $27.65.

Franklin Income Focus ETF Company 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.