Franklin Income Focus ETF $INCM Shares Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. lessened its holdings in Franklin Income Focus ETF (NYSEARCA:INCM) by 84.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,879 shares of the company’s stock after selling 33,147 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Franklin Income Focus ETF were worth $163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Raymond James Financial Inc. boosted its position in shares of Franklin Income Focus ETF by 32.3% during the 1st quarter. Raymond James Financial Inc. now owns 1,473,503 shares of the company’s stock worth $39,239,000 after acquiring an additional 359,680 shares in the last quarter. Base Wealth Management LLC purchased a new stake in Franklin Income Focus ETF during the second quarter worth approximately $7,346,000. Osaic Holdings Inc. boosted its holdings in Franklin Income Focus ETF by 108.2% in the second quarter. Osaic Holdings Inc. now owns 520,504 shares of the company’s stock valued at $14,081,000 after purchasing an additional 270,461 shares in the last quarter. Cetera Investment Advisers increased its stake in Franklin Income Focus ETF by 34.6% in the second quarter. Cetera Investment Advisers now owns 428,152 shares of the company’s stock valued at $11,582,000 after purchasing an additional 109,968 shares during the last quarter. Finally, Lido Advisors LLC raised its holdings in Franklin Income Focus ETF by 343.3% during the second quarter. Lido Advisors LLC now owns 138,618 shares of the company’s stock worth $3,764,000 after purchasing an additional 107,347 shares in the last quarter.

Franklin Income Focus ETF Trading Down 0.3%

Shares of NYSEARCA:INCM opened at $28.05 on Wednesday. The firm has a 50 day simple moving average of $27.84 and a 200-day simple moving average of $27.51. Franklin Income Focus ETF has a twelve month low of $24.62 and a twelve month high of $28.27. The company has a market capitalization of $948.09 million, a PE ratio of -47,785.35 and a beta of 0.49.

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.