Stifel Financial Corp Has $4.33 Million Position in Franklin Income Focus ETF (NYSEARCA:INCM)

Stifel Financial Corp lifted its stake in Franklin Income Focus ETF (NYSEARCA:INCM) by 0.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 159,474 shares of the company’s stock after acquiring an additional 1,072 shares during the quarter. Stifel Financial Corp’s holdings in Franklin Income Focus ETF were worth $4,334,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in Franklin Income Focus ETF in the 2nd quarter worth about $202,000. Harbour Investments Inc. increased its holdings in 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 during the last quarter. Kennedy Investment Group bought a new position in Franklin Income Focus ETF during the third quarter valued at approximately $224,000. Savvy Advisors Inc. acquired a new stake in Franklin Income Focus ETF in the third quarter valued at approximately $231,000. Finally, Financial Advocates Investment Management bought a new stake in Franklin Income Focus ETF in the second quarter worth approximately $244,000.

Franklin Income Focus ETF Stock Performance

Franklin Income Focus ETF stock opened at $26.70 on Monday. Franklin Income Focus ETF has a 1-year low of $25.13 and a 1-year high of $27.65. The firm’s fifty day simple moving average is $26.98 and its 200-day simple moving average is $26.65.

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.