AlphaStar Capital Management LLC Invests $541,000 in Franklin Income Equity Focus ETF (NYSEARCA:INCE)

AlphaStar Capital Management LLC purchased a new stake in shares of Franklin Income Equity Focus ETF (NYSEARCA:INCE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 9,760 shares of the company’s stock, valued at approximately $541,000.

A number of other large investors have also added to or reduced their stakes in INCE. Cornerstone Wealth Management LLC purchased a new position in shares of Franklin Income Equity Focus ETF in the fourth quarter valued at $681,000. CENTRAL TRUST Co bought a new stake in shares of Franklin Income Equity Focus ETF in the 4th quarter worth about $634,000. Money Concepts Capital Corp bought a new position in shares of Franklin Income Equity Focus ETF in the 4th quarter valued at about $290,000. Finally, Silver Oak Securities Incorporated bought a new stake in Franklin Income Equity Focus ETF during the fourth quarter worth approximately $1,501,000.

Franklin Income Equity Focus ETF Trading Down 0.6 %

Shares of Franklin Income Equity Focus ETF stock opened at $56.88 on Friday. The stock has a 50 day moving average price of $56.68 and a 200-day moving average price of $57.11. Franklin Income Equity Focus ETF has a one year low of $51.61 and a one year high of $59.38.

Franklin Income Equity Focus ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Friday, January 31st were paid a $0.1967 dividend. The ex-dividend date of this dividend was Friday, January 31st.