163,869 Shares in Franklin Income Focus ETF (NYSEARCA:INCM) Acquired by Next Level Private LLC

Next Level Private LLC purchased a new position in Franklin Income Focus ETF (NYSEARCA:INCM) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 163,869 shares of the company’s stock, valued at approximately $4,211,000. Franklin Income Focus ETF accounts for 2.4% of Next Level Private LLC’s holdings, making the stock its 11th largest position. Next Level Private LLC owned approximately 4.10% of Franklin Income Focus ETF as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Barrett & Company Inc. bought a new position in Franklin Income Focus ETF in the 3rd quarter worth approximately $36,000. Janney Montgomery Scott LLC bought a new stake in shares of Franklin Income Focus ETF during the third quarter valued at approximately $221,000. LexAurum Advisors LLC increased its position in shares of Franklin Income Focus ETF by 36.6% during the fourth quarter. LexAurum Advisors LLC now owns 52,500 shares of the company’s stock valued at $1,349,000 after purchasing an additional 14,075 shares during the period. Stifel Financial Corp bought a new stake in shares of Franklin Income Focus ETF during the third quarter valued at approximately $345,000. Finally, Raymond James & Associates bought a new stake in shares of Franklin Income Focus ETF during the third quarter valued at approximately $401,000.

Franklin Income Focus ETF Stock Performance

INCM opened at $26.07 on Thursday. Franklin Income Focus ETF has a 1 year low of $23.36 and a 1 year high of $26.38. The stock’s 50 day simple moving average is $25.67 and its 200-day simple moving average is $25.03.

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.