Intrua Financial LLC Grows Stock Position in Franklin Income Focus ETF $INCM

Intrua Financial LLC raised its position in Franklin Income Focus ETF (NYSEARCA:INCM) by 58.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,618 shares of the company’s stock after buying an additional 34,638 shares during the quarter. Intrua Financial LLC owned about 0.28% of Franklin Income Focus ETF worth $2,597,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Comerica Bank purchased a new stake in Franklin Income Focus ETF in the 1st quarter worth about $53,000. Jane Street Group LLC boosted its position in Franklin Income Focus ETF by 203.7% during the first quarter. Jane Street Group LLC now owns 132,673 shares of the company’s stock worth $3,533,000 after purchasing an additional 88,985 shares during the period. Sowell Financial Services LLC increased its stake in shares of Franklin Income Focus ETF by 2.8% in the second quarter. Sowell Financial Services LLC now owns 412,043 shares of the company’s stock worth $11,146,000 after purchasing an additional 11,144 shares in the last quarter. IronOak Wealth LLC. bought a new stake in shares of Franklin Income Focus ETF in the second quarter valued at approximately $629,000. Finally, Kennedy Investment Group lifted its stake in shares of Franklin Income Focus ETF by 8.5% during the 2nd quarter. Kennedy Investment Group now owns 10,201 shares of the company’s stock valued at $276,000 after buying an additional 795 shares in the last quarter.

Franklin Income Focus ETF Stock Performance

INCM opened at $28.64 on Monday. Franklin Income Focus ETF has a 12 month low of $24.62 and a 12 month high of $28.78. The company has a market cap of $1.15 billion, a PE ratio of -48,790.46 and a beta of 0.49. The company has a 50 day moving average of $28.08 and a 200 day moving average of $27.74.

Franklin Income Focus ETF Profile

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. INCM was launched on Jun 6, 2023 and is managed by Franklin Templeton.