8,513 Shares in Franklin Income Focus ETF (NYSEARCA:INCM) Acquired by Savvy Advisors Inc.

Savvy Advisors Inc. purchased a new stake in Franklin Income Focus ETF (NYSEARCA:INCM) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 8,513 shares of the company’s stock, valued at approximately $231,000.

Other institutional investors have also modified their holdings of the company. Commonwealth Equity Services LLC raised its stake in shares of Franklin Income Focus ETF by 0.6% in the second quarter. Commonwealth Equity Services LLC now owns 120,533 shares of the company’s stock valued at $3,117,000 after acquiring an additional 688 shares in the last quarter. LVZ Inc. increased its holdings in Franklin Income Focus ETF by 2.4% during the 2nd quarter. LVZ Inc. now owns 73,369 shares of the company’s stock worth $1,898,000 after purchasing an additional 1,734 shares during the period. Financial Advocates Investment Management raised its position in Franklin Income Focus ETF by 34.9% in the 3rd quarter. Financial Advocates Investment Management now owns 12,745 shares of the company’s stock valued at $346,000 after purchasing an additional 3,295 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Franklin Income Focus ETF by 16.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 23,559 shares of the company’s stock valued at $614,000 after buying an additional 3,336 shares during the period. Finally, Harbour Investments Inc. grew its position in shares of Franklin Income Focus ETF by 273.4% during the third quarter. Harbour Investments Inc. now owns 8,121 shares of the company’s stock worth $221,000 after buying an additional 5,946 shares in the last quarter.

Franklin Income Focus ETF Stock Performance

INCM stock opened at $26.86 on Thursday. The company’s 50 day moving average price is $27.03 and its 200 day moving average price is $26.47. Franklin Income Focus ETF has a fifty-two week low of $24.35 and a fifty-two week high of $27.65.

Franklin Income Focus ETF Profile

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.