18,423 Shares in Franklin Income Focus ETF $INCM Purchased by World Investment Advisors

World Investment Advisors purchased a new stake in shares of Franklin Income Focus ETF (NYSEARCA:INCM) in the 4th quarter, Holdings Channel reports. The fund purchased 18,423 shares of the company’s stock, valued at approximately $517,000.

A number of other hedge funds have also recently bought and sold shares of INCM. Assetmark Inc. acquired a new position in shares of Franklin Income Focus ETF during the 4th quarter worth approximately $35,000. Comerica Bank acquired a new stake in shares of Franklin Income Focus ETF in the 1st quarter valued at approximately $53,000. International Assets Investment Management LLC acquired a new stake in shares of Franklin Income Focus ETF in the 4th quarter valued at approximately $90,000. Titleist Asset Management LLC bought a new position in shares of Franklin Income Focus ETF in the fourth quarter valued at $201,000. Finally, C2C Wealth Management LLC acquired a new position in Franklin Income Focus ETF during the fourth quarter worth $252,000.

Franklin Income Focus ETF Trading Up 0.4%

NYSEARCA INCM opened at $29.13 on Wednesday. The firm has a market capitalization of $1.45 billion, a P/E ratio of -49,625.21 and a beta of 0.40. The firm’s fifty day moving average price is $29.24 and its two-hundred day moving average price is $28.92. Franklin Income Focus ETF has a 1 year low of $26.83 and a 1 year high of $29.57.

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.