Next Level Private LLC Acquires 13,233 Shares of Franklin Income Focus ETF (NYSEARCA:INCM)

Next Level Private LLC raised its holdings in Franklin Income Focus ETF (NYSEARCA:INCM) by 5.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 237,933 shares of the company’s stock after purchasing an additional 13,233 shares during the quarter. Franklin Income Focus ETF accounts for 2.5% of Next Level Private LLC’s investment portfolio, making the stock its 11th largest position. Next Level Private LLC’s holdings in Franklin Income Focus ETF were worth $6,210,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Summit Investment Advisory Services LLC grew its stake in Franklin Income Focus ETF by 13.9% in the 4th quarter. Summit Investment Advisory Services LLC now owns 85,389 shares of the company’s stock valued at $2,229,000 after purchasing an additional 10,447 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Franklin Income Focus ETF by 26.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 25,879 shares of the company’s stock worth $675,000 after acquiring an additional 5,342 shares during the period. XML Financial LLC bought a new position in shares of Franklin Income Focus ETF during the 4th quarter worth $332,000. SFG Wealth Management LLC. grew its stake in shares of Franklin Income Focus ETF by 6.8% during the 4th quarter. SFG Wealth Management LLC. now owns 24,579 shares of the company’s stock worth $642,000 after acquiring an additional 1,567 shares during the period. Finally, Ameritas Advisory Services LLC grew its stake in shares of Franklin Income Focus ETF by 75.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 14,422 shares of the company’s stock worth $376,000 after acquiring an additional 6,212 shares during the period.

Franklin Income Focus ETF Trading Up 0.7 %

INCM stock opened at $26.79 on Tuesday. Franklin Income Focus ETF has a fifty-two week low of $25.13 and a fifty-two week high of $27.65. The stock has a fifty day moving average of $26.59 and a 200-day moving average of $26.73.

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.