Franklin Income Focus ETF $INCM Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in Franklin Income Focus ETF (NYSEARCA:INCM) by 26.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 110,776 shares of the company’s stock after purchasing an additional 23,176 shares during the quarter. Kestra Advisory Services LLC’s holdings in Franklin Income Focus ETF were worth $3,200,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Assetmark Inc. purchased a new position in Franklin Income Focus ETF in the 4th quarter valued at $35,000. Comerica Bank purchased a new position in Franklin Income Focus ETF during the 1st quarter worth $53,000. International Assets Investment Management LLC purchased a new position in Franklin Income Focus ETF during the 4th quarter worth $90,000. Titleist Asset Management LLC acquired a new stake in shares of Franklin Income Focus ETF in the 4th quarter worth $201,000. Finally, C2C Wealth Management LLC acquired a new stake in shares of Franklin Income Focus ETF in the 4th quarter worth $252,000.

Franklin Income Focus ETF Trading Down 0.2%

Shares of INCM opened at $29.08 on Friday. The stock’s 50 day moving average is $29.18 and its two-hundred day moving average is $29.04. Franklin Income Focus ETF has a twelve month low of $26.95 and a twelve month high of $29.57. The firm has a market capitalization of $1.66 billion, a PE ratio of -49,540.03 and a beta of 0.41.

Franklin Income Focus ETF Company 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. INCM was launched on Jun 6, 2023 and is managed by Franklin Templeton.