Franklin Income Focus ETF $INCM Shares Purchased by Intrua Financial LLC

Intrua Financial LLC boosted its holdings in Franklin Income Focus ETF (NYSEARCA:INCM) by 29.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,186 shares of the company’s stock after purchasing an additional 27,568 shares during the quarter. Intrua Financial LLC owned approximately 0.29% of Franklin Income Focus ETF worth $3,398,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in INCM. Comerica Bank acquired a new position in Franklin Income Focus ETF in the first quarter valued at $53,000. Jane Street Group LLC increased its stake in Franklin Income Focus ETF by 203.7% in the first quarter. Jane Street Group LLC now owns 132,673 shares of the company’s stock valued at $3,533,000 after purchasing an additional 88,985 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Franklin Income Focus ETF by 1.9% in the second quarter. JPMorgan Chase & Co. now owns 23,301 shares of the company’s stock valued at $630,000 after purchasing an additional 442 shares during the last quarter. NewEdge Advisors LLC increased its stake in Franklin Income Focus ETF by 36.9% in the second quarter. NewEdge Advisors LLC now owns 90,344 shares of the company’s stock valued at $2,444,000 after purchasing an additional 24,366 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in Franklin Income Focus ETF by 14.9% in the second quarter. Raymond James Financial Inc. now owns 1,693,284 shares of the company’s stock valued at $45,803,000 after purchasing an additional 219,781 shares during the last quarter.

Franklin Income Focus ETF Stock Performance

Franklin Income Focus ETF stock opened at $29.05 on Monday. The firm has a market capitalization of $1.45 billion, a P/E ratio of -49,488.93 and a beta of 0.41. The stock has a fifty day moving average price of $29.03 and a 200 day moving average price of $28.65. Franklin Income Focus ETF has a 52 week low of $26.25 and a 52 week high of $29.57.

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. INCM was launched on Jun 6, 2023 and is managed by Franklin Templeton.