Franklin Focused Growth ETF (BATS:FFOG – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 9,473 shares, a decline of 71.1% from the October 15th total of 32,826 shares. Based on an average daily volume of 44,767 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are short sold.
Franklin Focused Growth ETF Stock Performance
BATS:FFOG opened at $46.63 on Friday. The firm has a market cap of $158.54 million, a PE ratio of 47.17 and a beta of 1.43. Franklin Focused Growth ETF has a fifty-two week low of $38.89 and a fifty-two week high of $53.78. The business has a 50 day moving average price of $49.70 and a 200-day moving average price of $47.85.
Institutional Investors Weigh In On Franklin Focused Growth ETF
Several institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its holdings in Franklin Focused Growth ETF by 14.6% in the 1st quarter. Cetera Investment Advisers now owns 315,497 shares of the company’s stock worth $12,961,000 after acquiring an additional 40,185 shares during the last quarter. IFG Advisory LLC raised its stake in shares of Franklin Focused Growth ETF by 37.4% during the third quarter. IFG Advisory LLC now owns 60,994 shares of the company’s stock valued at $3,166,000 after acquiring an additional 16,615 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Franklin Focused Growth ETF during the third quarter valued at about $1,438,000. Citadel Advisors LLC boosted its holdings in shares of Franklin Focused Growth ETF by 119.7% during the second quarter. Citadel Advisors LLC now owns 26,923 shares of the company’s stock worth $1,387,000 after purchasing an additional 14,668 shares during the period. Finally, D.A. Davidson & CO. purchased a new stake in shares of Franklin Focused Growth ETF during the third quarter worth about $1,174,000.
Franklin Focused Growth ETF Company 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. FFOG was launched on Apr 13, 2016 and is issued by Franklin Templeton.
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