Elevation Capital Advisory LLC Takes Position in Franklin Focused Growth ETF $FFOG

Elevation Capital Advisory LLC bought a new stake in Franklin Focused Growth ETF (NYSEARCA:FFOG) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,414 shares of the company’s stock, valued at approximately $282,000. Elevation Capital Advisory LLC owned 0.19% of Franklin Focused Growth ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Calton & Associates Inc. purchased a new stake in shares of Franklin Focused Growth ETF during the 1st quarter worth about $206,000. Creative Financial Designs Inc. ADV increased its position in Franklin Focused Growth ETF by 157.2% during the first quarter. Creative Financial Designs Inc. ADV now owns 8,081 shares of the company’s stock worth $282,000 after buying an additional 4,939 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in Franklin Focused Growth ETF during the second quarter worth $610,000. Atria Wealth Solutions Inc. acquired a new position in Franklin Focused Growth ETF during the second quarter worth $703,000. Finally, Jane Street Group LLC acquired a new position in Franklin Focused Growth ETF during the first quarter worth $646,000.

Franklin Focused Growth ETF Price Performance

Franklin Focused Growth ETF stock opened at $46.92 on Monday. The company has a market capitalization of $190.03 million, a price-to-earnings ratio of 47.17 and a beta of 1.43. Franklin Focused Growth ETF has a one year low of $30.05 and a one year high of $48.32. The company’s fifty day moving average price is $46.63 and its two-hundred day moving average price is $42.66.

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.