Perigon Wealth Management LLC Makes New $225,000 Investment in Franklin Income Focus ETF (NYSEARCA:INCM)

Perigon Wealth Management LLC bought a new position in shares of Franklin Income Focus ETF (NYSEARCA:INCM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,765 shares of the company’s stock, valued at approximately $225,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Barrett & Company Inc. bought a new stake in shares of Franklin Income Focus ETF during the third quarter worth $36,000. Janney Montgomery Scott LLC bought a new stake in shares of Franklin Income Focus ETF during the third quarter worth $221,000. LexAurum Advisors LLC grew its stake in shares of Franklin Income Focus ETF by 36.6% during the fourth quarter. LexAurum Advisors LLC now owns 52,500 shares of the company’s stock worth $1,349,000 after buying an additional 14,075 shares during the last quarter. Stifel Financial Corp bought a new stake in shares of Franklin Income Focus ETF in the third quarter worth $345,000. Finally, Private Trust Co. NA bought a new stake in shares of Franklin Income Focus ETF in the fourth quarter worth $388,000.

Franklin Income Focus ETF Price Performance

Shares of Franklin Income Focus ETF stock opened at $25.20 on Thursday. Franklin Income Focus ETF has a twelve month low of $23.36 and a twelve month high of $26.38. The company’s fifty day moving average is $25.65 and its 200 day moving average is $25.14.

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.