SFG Wealth Management LLC. Trims Holdings in Franklin Income Focus ETF (NYSEARCA:INCM)

SFG Wealth Management LLC. reduced its holdings in shares of Franklin Income Focus ETF (NYSEARCA:INCM) by 2.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 23,012 shares of the company’s stock after selling 582 shares during the period. SFG Wealth Management LLC.’s holdings in Franklin Income Focus ETF were worth $625,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its position in Franklin Income Focus ETF by 1.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 782,216 shares of the company’s stock worth $21,261,000 after acquiring an additional 11,403 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in shares of Franklin Income Focus ETF by 13.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 577,908 shares of the company’s stock worth $14,946,000 after purchasing an additional 70,645 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of Franklin Income Focus ETF by 18.1% during the third quarter. Raymond James & Associates now owns 250,509 shares of the company’s stock worth $6,809,000 after purchasing an additional 38,395 shares during the period. Next Level Private LLC grew its position in Franklin Income Focus ETF by 12.3% in the 3rd quarter. Next Level Private LLC now owns 224,700 shares of the company’s stock valued at $6,107,000 after buying an additional 24,621 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Franklin Income Focus ETF by 0.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 120,533 shares of the company’s stock valued at $3,117,000 after buying an additional 688 shares during the period.

Franklin Income Focus ETF Stock Up 0.2 %

Shares of INCM stock traded up $0.06 during mid-day trading on Friday, hitting $27.00. The stock had a trading volume of 32,245 shares, compared to its average volume of 84,367. Franklin Income Focus ETF has a fifty-two week low of $23.90 and a fifty-two week high of $27.65. The company’s 50-day simple moving average is $27.02 and its 200-day simple moving average is $26.42.

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.