Encompass More Asset Management Acquires Shares of 125,886 Franklin Focused Growth ETF (NYSEARCA:FFOG)

Encompass More Asset Management acquired a new stake in Franklin Focused Growth ETF (NYSEARCA:FFOG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 125,886 shares of the company’s stock, valued at approximately $4,695,000. Franklin Focused Growth ETF makes up approximately 1.8% of Encompass More Asset Management’s investment portfolio, making the stock its 10th biggest holding. Encompass More Asset Management owned 5.86% of Franklin Focused Growth ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC acquired a new position in Franklin Focused Growth ETF in the 2nd quarter valued at $607,000. Empire Life Investments Inc. raised its stake in shares of Franklin Focused Growth ETF by 126.1% in the 3rd quarter. Empire Life Investments Inc. now owns 10,400 shares of the company’s stock valued at $388,000 after purchasing an additional 5,800 shares in the last quarter. Apollon Wealth Management LLC raised its stake in shares of Franklin Focused Growth ETF by 36.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 14,191 shares of the company’s stock valued at $529,000 after purchasing an additional 3,770 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Franklin Focused Growth ETF in the 2nd quarter valued at about $117,000. Finally, Prospera Financial Services Inc raised its stake in Franklin Focused Growth ETF by 21.0% during the third quarter. Prospera Financial Services Inc now owns 9,849 shares of the company’s stock worth $367,000 after acquiring an additional 1,706 shares during the period.

Franklin Focused Growth ETF Stock Up 1.1 %

FFOG opened at $39.75 on Friday. The company’s 50-day moving average price is $38.36 and its 200 day moving average price is $36.68. Franklin Focused Growth ETF has a fifty-two week low of $27.17 and a fifty-two week high of $40.32. The firm has a market cap of $85.46 million, a price-to-earnings ratio of 47.37 and a beta of 1.43.

Franklin Focused Growth ETF Profile

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.