Franklin Income Focus ETF $INCM Shares Bought by Cwm LLC

Cwm LLC grew its stake in shares of Franklin Income Focus ETF (NYSEARCA:INCM) by 367.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,340 shares of the company’s stock after purchasing an additional 49,003 shares during the quarter. Cwm LLC owned 0.23% of Franklin Income Focus ETF worth $1,686,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in INCM. Harbour Investments Inc. increased its holdings in Franklin Income Focus ETF by 5.6% in the first quarter. Harbour Investments Inc. now owns 10,791 shares of the company’s stock valued at $287,000 after buying an additional 569 shares during the last quarter. Kennedy Investment Group grew its holdings in Franklin Income Focus ETF by 8.5% in the 2nd quarter. Kennedy Investment Group now owns 10,201 shares of the company’s stock worth $276,000 after buying an additional 795 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Franklin Income Focus ETF by 1.3% in the first quarter. Envestnet Asset Management Inc. now owns 119,216 shares of the company’s stock worth $3,175,000 after purchasing an additional 1,505 shares during the period. Innovative Wealth Building LLC lifted its position in shares of Franklin Income Focus ETF by 10.2% during the 1st quarter. Innovative Wealth Building LLC now owns 18,237 shares of the company’s stock valued at $486,000 after acquiring an additional 1,695 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of Franklin Income Focus ETF by 18.3% during the 1st quarter. Stratos Wealth Partners LTD. now owns 11,668 shares of the company’s stock valued at $311,000 after acquiring an additional 1,808 shares during the last quarter.

Franklin Income Focus ETF Stock Up 0.2%

INCM opened at $27.79 on Monday. The stock has a fifty day moving average of $27.66 and a 200-day moving average of $26.95. The firm has a market capitalization of $903.18 million, a P/E ratio of -47,342.42 and a beta of 0.50. Franklin Income Focus ETF has a 12-month low of $24.62 and a 12-month high of $28.13.

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.