LPL Financial LLC Boosts Position in Franklin Income Equity Focus ETF (NYSEARCA:INCE)

LPL Financial LLC raised its holdings in shares of Franklin Income Equity Focus ETF (NYSEARCA:INCE) by 0.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 319,064 shares of the company’s stock after acquiring an additional 2,689 shares during the period. LPL Financial LLC owned approximately 19.94% of Franklin Income Equity Focus ETF worth $17,931,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Private Trust Co. NA lifted its position in Franklin Income Equity Focus ETF by 82.1% during the first quarter. Private Trust Co. NA now owns 1,417 shares of the company’s stock valued at $80,000 after purchasing an additional 639 shares during the period. Avantax Advisory Services Inc. purchased a new position in shares of Franklin Income Equity Focus ETF during the 1st quarter valued at about $206,000. Mariner LLC purchased a new position in shares of Franklin Income Equity Focus ETF during the 4th quarter valued at about $230,000. Janney Montgomery Scott LLC acquired a new position in shares of Franklin Income Equity Focus ETF in the 1st quarter valued at about $239,000. Finally, D.A. Davidson & CO. boosted its stake in shares of Franklin Income Equity Focus ETF by 17.5% in the first quarter. D.A. Davidson & CO. now owns 37,615 shares of the company’s stock worth $2,114,000 after buying an additional 5,610 shares during the last quarter.

Franklin Income Equity Focus ETF Stock Up 0.1%

Franklin Income Equity Focus ETF stock opened at $57.31 on Wednesday. The business’s 50-day moving average price is $57.46 and its 200 day moving average price is $56.28. The firm has a market cap of $91.70 million, a price-to-earnings ratio of 17.48 and a beta of 0.83. Franklin Income Equity Focus ETF has a 52 week low of $49.68 and a 52 week high of $59.38.

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.