Stratos Wealth Partners LTD. Buys 1,443 Shares of Franklin Income Focus ETF $INCM

Stratos Wealth Partners LTD. lifted its stake in shares of Franklin Income Focus ETF (NYSEARCA:INCM) by 12.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,111 shares of the company’s stock after purchasing an additional 1,443 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Franklin Income Focus ETF were worth $355,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Harbour Investments Inc. grew its holdings in shares of Franklin Income Focus ETF by 5.6% during the 1st quarter. Harbour Investments Inc. now owns 10,791 shares of the company’s stock valued at $287,000 after purchasing an additional 569 shares during the last quarter. Kennedy Investment Group grew its holdings in shares of Franklin Income Focus ETF by 8.5% during the 2nd quarter. Kennedy Investment Group now owns 10,201 shares of the company’s stock valued at $276,000 after purchasing an additional 795 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Franklin Income Focus ETF by 1.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 119,216 shares of the company’s stock worth $3,175,000 after acquiring an additional 1,505 shares during the last quarter. Innovative Wealth Building LLC grew its holdings in Franklin Income Focus ETF by 10.2% during the 1st quarter. Innovative Wealth Building LLC now owns 18,237 shares of the company’s stock worth $486,000 after acquiring an additional 1,695 shares during the last quarter. Finally, Comerica Bank bought a new stake in Franklin Income Focus ETF during the 1st quarter worth approximately $53,000.

Franklin Income Focus ETF Price Performance

INCM opened at $27.96 on Friday. Franklin Income Focus ETF has a fifty-two week low of $24.62 and a fifty-two week high of $28.13. The firm has a market capitalization of $926.87 million, a price-to-earnings ratio of -47,632.03 and a beta of 0.50. The company’s 50 day moving average price is $27.72 and its two-hundred day moving average price is $27.02.

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.