SFG Wealth Management LLC. Purchases 1,567 Shares of Franklin Income Focus ETF (NYSEARCA:INCM)

SFG Wealth Management LLC. grew its holdings in shares of Franklin Income Focus ETF (NYSEARCA:INCM) by 6.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 24,579 shares of the company’s stock after buying an additional 1,567 shares during the period. SFG Wealth Management LLC.’s holdings in Franklin Income Focus ETF were worth $642,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Stifel Financial Corp boosted its stake in Franklin Income Focus ETF by 0.7% during the third quarter. Stifel Financial Corp now owns 159,474 shares of the company’s stock worth $4,334,000 after acquiring an additional 1,072 shares in the last quarter. Raymond James Trust N.A. lifted its holdings in shares of Franklin Income Focus ETF by 20.2% during the third quarter. Raymond James Trust N.A. now owns 12,218 shares of the company’s stock valued at $332,000 after purchasing an additional 2,050 shares during the last quarter. Financial Advocates Investment Management boosted its holdings in Franklin Income Focus ETF by 34.9% in the third quarter. Financial Advocates Investment Management now owns 12,745 shares of the company’s stock worth $346,000 after acquiring an additional 3,295 shares in the last quarter. Prospera Financial Services Inc boosted its stake in Franklin Income Focus ETF by 22.5% in the 3rd quarter. Prospera Financial Services Inc now owns 32,051 shares of the company’s stock worth $871,000 after purchasing an additional 5,883 shares in the last quarter. Finally, Harbour Investments Inc. lifted its stake in shares of Franklin Income Focus ETF by 273.4% in 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 Up 0.4 %

INCM stock opened at $26.55 on Monday. The stock’s 50 day simple moving average is $26.61 and its 200 day simple moving average is $26.71. Franklin Income Focus ETF has a 12-month low of $25.13 and a 12-month 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.