Principal Securities Inc. Invests $133,000 in Franklin Income Equity Focus ETF (NYSEARCA:INCE)

Principal Securities Inc. acquired a new position in Franklin Income Equity Focus ETF (NYSEARCA:INCEFree Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,394 shares of the company’s stock, valued at approximately $133,000.

Other institutional investors also recently modified their holdings of the company. Money Concepts Capital Corp bought a new stake in Franklin Income Equity Focus ETF during the fourth quarter worth approximately $290,000. AlphaStar Capital Management LLC acquired a new position in Franklin Income Equity Focus ETF in the 4th quarter valued at approximately $541,000. CENTRAL TRUST Co bought a new position in Franklin Income Equity Focus ETF in the fourth quarter worth $634,000. Cornerstone Wealth Management LLC bought a new stake in Franklin Income Equity Focus ETF in the 4th quarter valued at $681,000. Finally, Silver Oak Securities Incorporated acquired a new position in shares of Franklin Income Equity Focus ETF in the 4th quarter valued at $1,501,000.

Franklin Income Equity Focus ETF Stock Performance

Shares of Franklin Income Equity Focus ETF stock opened at $58.05 on Wednesday. The firm has a market cap of $95.78 million, a P/E ratio of 18.57 and a beta of 0.88. The firm’s 50-day simple moving average is $56.70 and its 200-day simple moving average is $57.36. Franklin Income Equity Focus ETF has a twelve month low of $51.61 and a twelve month high of $59.38.

Franklin Income Equity Focus ETF Cuts Dividend

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

Franklin Income Equity Focus ETF Profile

(Free Report)

The Franklin Income Equity Focus ETF (INCE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks income and capital appreciation with lower volatility than the S&P 500 Index. The fund invests in stocks globally using proprietary fundamental research. INCE was launched on Sep 20, 2016 and is issued by Franklin Templeton.

Further Reading

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Institutional Ownership by Quarter for Franklin Income Equity Focus ETF (NYSEARCA:INCE)

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