XML Financial LLC Takes Position in Franklin Income Focus ETF (NYSEARCA:INCM)

XML Financial LLC acquired a new position in Franklin Income Focus ETF (NYSEARCA:INCM) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 12,715 shares of the company’s stock, valued at approximately $332,000.

Other large investors have also recently made changes to their positions in the company. Cetera Investment Advisers raised its holdings in shares of Franklin Income Focus ETF by 42.8% in the 2nd quarter. Cetera Investment Advisers now owns 76,129 shares of the company’s stock valued at $1,969,000 after acquiring an additional 22,828 shares in the last quarter. Next Level Private LLC boosted its position in Franklin Income Focus ETF by 12.3% during 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 period. Summit Investment Advisory Services LLC bought a new stake in shares of Franklin Income Focus ETF in the 3rd quarter worth approximately $2,037,000. Raymond James & Associates boosted its stake in shares of Franklin Income Focus ETF by 18.1% during the 3rd quarter. Raymond James & Associates now owns 250,509 shares of the company’s stock valued at $6,809,000 after purchasing an additional 38,395 shares in the last quarter. Finally, Kennedy Investment Group purchased a new position in shares of Franklin Income Focus ETF in the 3rd quarter valued at approximately $224,000.

Franklin Income Focus ETF Price Performance

Franklin Income Focus ETF stock opened at $26.56 on Thursday. The business’s fifty day simple moving average is $26.60 and its two-hundred day simple moving average is $26.72. Franklin Income Focus ETF has a 12 month low of $25.13 and a 12 month high of $27.65.

About Franklin Income Focus ETF

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.