Stratos Wealth Partners LTD. Has $355,000 Position in Franklin Income Focus ETF $INCM

Stratos Wealth Partners LTD. lifted its stake in shares of Franklin Income Focus ETF (NYSEARCA:INCM) by 12.4% during the second quarter, Holdings Channel reports. The fund owned 13,111 shares of the company’s stock after buying an additional 1,443 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Franklin Income Focus ETF were worth $355,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Comerica Bank acquired a new position in shares of Franklin Income Focus ETF during the 1st quarter valued at $53,000. Capital Analysts LLC acquired a new position in shares of Franklin Income Focus ETF during the 1st quarter valued at $120,000. Jacobi Capital Management LLC acquired a new position in shares of Franklin Income Focus ETF during the 1st quarter valued at $202,000. Atria Wealth Solutions Inc. acquired a new position in shares of Franklin Income Focus ETF during the 1st quarter valued at $215,000. Finally, Kennedy Investment Group lifted its position 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 acquiring an additional 795 shares during the period.

Franklin Income Focus ETF Trading Up 0.2%

INCM opened at $27.96 on Friday. The company’s fifty day moving average price is $27.72 and its two-hundred day moving average price is $27.02. Franklin Income Focus ETF has a 1-year low of $24.62 and a 1-year high of $28.13. The company has a market cap of $926.87 million, a price-to-earnings ratio of -47,632.03 and a beta of 0.50.

About Franklin Income Focus ETF

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.