Kennedy Investment Group Takes Position in Franklin Income Focus ETF (NYSEARCA:INCM)

Kennedy Investment Group acquired a new stake in Franklin Income Focus ETF (NYSEARCA:INCM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,232 shares of the company’s stock, valued at approximately $224,000. Kennedy Investment Group owned 0.10% of Franklin Income Focus ETF at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new position in Franklin Income Focus ETF during the second quarter worth about $202,000. Calton & Associates Inc. bought a new position in Franklin Income Focus ETF during the second quarter worth about $224,000. HBW Advisory Services LLC bought a new position in Franklin Income Focus ETF during the second quarter worth about $229,000. Financial Advocates Investment Management bought a new position in Franklin Income Focus ETF during the second quarter worth about $244,000. Finally, Raymond James Trust N.A. acquired a new stake in Franklin Income Focus ETF during the second quarter worth about $263,000.

Franklin Income Focus ETF Trading Down 0.4 %

Franklin Income Focus ETF stock traded down $0.12 during trading hours on Monday, reaching $27.13. 47,899 shares of the stock were exchanged, compared to its average volume of 80,035. Franklin Income Focus ETF has a twelve month low of $23.36 and a twelve month high of $27.65. The stock has a 50 day moving average of $26.98 and a two-hundred day moving average of $26.29.

Franklin Income Focus ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 5th. Shareholders of record on Wednesday, July 31st were paid a dividend of $0.111 per share. The ex-dividend date was Wednesday, July 31st.

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.