Franklin Income Equity Focus ETF $INCE Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers grew its position in shares of Franklin Income Equity Focus ETF (NYSEARCA:INCE) by 150.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,130 shares of the company’s stock after buying an additional 30,713 shares during the period. Cetera Investment Advisers’ holdings in Franklin Income Equity Focus ETF were worth $3,306,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Ethos Financial Group LLC acquired a new stake in shares of Franklin Income Equity Focus ETF during the 1st quarter valued at approximately $1,058,000. Independent Financial Group LLC bought a new position in Franklin Income Equity Focus ETF during the first quarter worth $210,000. Sanctuary Advisors LLC lifted its stake in Franklin Income Equity Focus ETF by 9.5% during the first quarter. Sanctuary Advisors LLC now owns 10,326 shares of the company’s stock worth $668,000 after purchasing an additional 897 shares during the last quarter. Wealthspire Retirement LLC boosted its holdings in Franklin Income Equity Focus ETF by 3.5% in the fourth quarter. Wealthspire Retirement LLC now owns 12,611 shares of the company’s stock worth $770,000 after purchasing an additional 431 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Franklin Income Equity Focus ETF by 1.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 16,728 shares of the company’s stock valued at $1,022,000 after purchasing an additional 229 shares during the last quarter.

Franklin Income Equity Focus ETF Stock Performance

Shares of NYSEARCA:INCE opened at $68.84 on Thursday. The stock has a market capitalization of $137.68 million, a price-to-earnings ratio of 17.48 and a beta of 0.74. Franklin Income Equity Focus ETF has a 1-year low of $57.34 and a 1-year high of $69.05. The company’s fifty day moving average is $67.50 and its two-hundred day moving average is $66.35.

About Franklin Income Equity Focus ETF

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.