Franklin Income Equity Focus ETF $INCE Stock Holdings Lessened by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its stake in Franklin Income Equity Focus ETF (NYSEARCA:INCE) by 5.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,025 shares of the company’s stock after selling 225 shares during the quarter. Janney Montgomery Scott LLC owned 0.25% of Franklin Income Equity Focus ETF worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in INCE. Thurston Springer Miller Herd & Titak Inc. bought a new position in Franklin Income Equity Focus ETF during the second quarter valued at approximately $29,000. Private Trust Co. NA grew its holdings 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 last quarter. Avantax Advisory Services Inc. acquired a new position in Franklin Income Equity Focus ETF during the first quarter valued at approximately $206,000. Van Hulzen Asset Management LLC grew its holdings in Franklin Income Equity Focus ETF by 51.5% during the first quarter. Van Hulzen Asset Management LLC now owns 4,200 shares of the company’s stock valued at $236,000 after purchasing an additional 1,427 shares during the last quarter. Finally, NFP Retirement Inc. grew its holdings in Franklin Income Equity Focus ETF by 39.9% during the first quarter. NFP Retirement Inc. now owns 8,970 shares of the company’s stock valued at $504,000 after purchasing an additional 2,560 shares during the last quarter.

Franklin Income Equity Focus ETF Stock Up 0.9%

Shares of INCE stock opened at $59.85 on Tuesday. Franklin Income Equity Focus ETF has a 12 month low of $49.68 and a 12 month high of $60.04. The business’s 50 day moving average is $59.22 and its two-hundred day moving average is $57.11. The company has a market cap of $98.75 million, a PE ratio of 17.48 and a beta of 0.83.

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.