Secure Asset Management LLC Makes New Investment in Franklin Income Focus ETF $INCM

Secure Asset Management LLC acquired a new position in Franklin Income Focus ETF (NYSEARCA:INCM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 19,871 shares of the company’s stock, valued at approximately $557,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Stratos Wealth Partners LTD. lifted its holdings in Franklin Income Focus ETF by 5.6% in the fourth quarter. Stratos Wealth Partners LTD. now owns 20,906 shares of the company’s stock worth $586,000 after buying an additional 1,103 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its position in Franklin Income Focus ETF by 162.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 15,435 shares of the company’s stock valued at $433,000 after acquiring an additional 9,556 shares during the period. Perigon Wealth Management LLC lifted its position in Franklin Income Focus ETF by 9.8% during the 4th quarter. Perigon Wealth Management LLC now owns 19,165 shares of the company’s stock valued at $537,000 after acquiring an additional 1,705 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in Franklin Income Focus ETF during the 4th quarter valued at about $267,000. Finally, DAVENPORT & Co LLC lifted its holdings in shares of Franklin Income Focus ETF by 3.9% during the fourth quarter. DAVENPORT & Co LLC now owns 116,376 shares of the company’s stock valued at $3,263,000 after purchasing an additional 4,377 shares during the last quarter.

Franklin Income Focus ETF Stock Up 0.1%

Shares of INCM opened at $28.83 on Tuesday. The business’s 50 day moving average price is $29.09 and its 200-day moving average price is $28.38. Franklin Income Focus ETF has a 52 week low of $24.62 and a 52 week high of $29.57. The stock has a market cap of $1.36 billion, a P/E ratio of -49,114.14 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. INCM was launched on Jun 6, 2023 and is managed by Franklin Templeton.