CENTRAL TRUST Co Reduces Holdings in Franklin Income Equity Focus ETF $INCE

CENTRAL TRUST Co reduced its stake in shares of Franklin Income Equity Focus ETF (NYSEARCA:INCE) by 15.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,982 shares of the company’s stock after selling 1,273 shares during the period. CENTRAL TRUST Co owned 0.44% of Franklin Income Equity Focus ETF worth $401,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Avantax Advisory Services Inc. purchased a new position in Franklin Income Equity Focus ETF during the first quarter worth $206,000. Security Financial Services INC. acquired a new stake in shares of Franklin Income Equity Focus ETF during the first quarter valued at $606,000. LPL Financial LLC boosted its stake in shares of Franklin Income Equity Focus ETF by 0.8% during the first quarter. LPL Financial LLC now owns 319,064 shares of the company’s stock valued at $17,931,000 after acquiring an additional 2,689 shares during the last quarter. NFP Retirement Inc. increased its position in Franklin Income Equity Focus ETF by 39.9% during the 1st quarter. NFP Retirement Inc. now owns 8,970 shares of the company’s stock worth $504,000 after purchasing an additional 2,560 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in Franklin Income Equity Focus ETF by 6.7% in the 1st quarter. Raymond James Financial Inc. now owns 158,424 shares of the company’s stock valued at $8,903,000 after purchasing an additional 9,909 shares during the last quarter.

Franklin Income Equity Focus ETF Trading Down 0.5%

NYSEARCA:INCE opened at $59.62 on Friday. Franklin Income Equity Focus ETF has a 12-month low of $49.68 and a 12-month high of $60.23. The firm has a market cap of $104.34 million, a price-to-earnings ratio of 17.48 and a beta of 0.82. The company’s 50-day moving average is $59.29 and its two-hundred day moving average is $57.95.

About Franklin Income Equity Focus ETF

The Franklin Income Equity Focus ETF (INCE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks income and capital appreciation with lower volatility than the S&P 500 Index. The fund invests in stocks globally using proprietary fundamental research. INCE was launched on Sep 20, 2016 and is issued by Franklin Templeton.