Franklin Focused Growth ETF $FFOG Stake Increased by Osaic Holdings Inc.

Osaic Holdings Inc. boosted its stake in Franklin Focused Growth ETF (NYSEARCA:FFOG) by 40.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,924 shares of the company’s stock after acquiring an additional 16,207 shares during the period. Osaic Holdings Inc. owned 1.60% of Franklin Focused Growth ETF worth $2,460,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in FFOG. Centaurus Financial Inc. bought a new position in Franklin Focused Growth ETF during the 2nd quarter worth approximately $103,000. Raymond James Financial Inc. lifted its holdings in Franklin Focused Growth ETF by 29.4% in the second quarter. Raymond James Financial Inc. now owns 59,979 shares of the company’s stock worth $2,638,000 after acquiring an additional 13,624 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of Franklin Focused Growth ETF during the 2nd quarter worth approximately $298,000. Avantax Advisory Services Inc. grew its stake in Franklin Focused Growth ETF by 18.0% during the 2nd quarter. Avantax Advisory Services Inc. now owns 78,715 shares of the company’s stock worth $3,462,000 after buying an additional 12,022 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Franklin Focused Growth ETF by 12.7% in the second quarter. Cetera Investment Advisers now owns 170,283 shares of the company’s stock valued at $7,489,000 after buying an additional 19,170 shares during the last quarter.

Franklin Focused Growth ETF Stock Up 0.0%

Franklin Focused Growth ETF stock opened at $47.58 on Friday. Franklin Focused Growth ETF has a 52-week low of $30.05 and a 52-week high of $50.12. The firm has a market capitalization of $199.84 million, a price-to-earnings ratio of 47.17 and a beta of 1.41. The firm has a 50-day moving average price of $47.17 and a two-hundred day moving average price of $45.95.

About Franklin Focused Growth ETF

The Franklin Focused Growth ETF FOCUSED GROWTH ETF (FFOG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in equities perceived to have strong fundamentals and prospects for growth. The fund does not limit investments to any particular market-cap, industry or geography. FFOG was launched on Apr 13, 2016 and is issued by Franklin Templeton.