Stratos Wealth Partners LTD. Purchases 1,175 Shares of Franklin Income Focus ETF (NYSEARCA:INCM)

Stratos Wealth Partners LTD. grew its holdings in shares of Franklin Income Focus ETF (NYSEARCA:INCM) by 13.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,860 shares of the company’s stock after buying an additional 1,175 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Franklin Income Focus ETF were worth $257,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of INCM. Wealth Enhancement Advisory Services LLC grew its position in Franklin Income Focus ETF by 1.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 782,216 shares of the company’s stock valued at $21,261,000 after acquiring an additional 11,403 shares during the last quarter. Raymond James & Associates increased its stake in Franklin Income Focus ETF by 18.1% in the 3rd quarter. Raymond James & Associates now owns 250,509 shares of the company’s stock worth $6,809,000 after buying an additional 38,395 shares during the period. Next Level Private LLC increased its stake in Franklin Income Focus ETF by 5.9% in the 4th quarter. Next Level Private LLC now owns 237,933 shares of the company’s stock worth $6,210,000 after buying an additional 13,233 shares during the period. Stifel Financial Corp grew its stake in Franklin Income Focus ETF by 0.7% in the 3rd quarter. Stifel Financial Corp now owns 159,474 shares of the company’s stock worth $4,334,000 after acquiring an additional 1,072 shares in the last quarter. Finally, Summit Investment Advisory Services LLC raised its stake in shares of Franklin Income Focus ETF by 13.9% during the fourth quarter. Summit Investment Advisory Services LLC now owns 85,389 shares of the company’s stock valued at $2,229,000 after acquiring an additional 10,447 shares in the last quarter.

Franklin Income Focus ETF Stock Performance

INCM opened at $26.83 on Friday. Franklin Income Focus ETF has a 52 week low of $25.13 and a 52 week high of $27.65. The stock’s fifty day moving average is $26.50 and its two-hundred day moving average is $26.76.

Franklin Income Focus ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Friday, January 31st were issued a dividend of $0.1004 per share. The ex-dividend date of this dividend was Friday, January 31st.

Franklin Income Focus ETF Company 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.