Avantax Advisory Services Inc. grew its stake in shares of Franklin Focused Growth ETF (NYSEARCA:FFOG – Free Report) by 23.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,703 shares of the company’s stock after buying an additional 11,328 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Franklin Focused Growth ETF were worth $2,346,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in FFOG. Franklin Resources Inc. purchased a new stake in shares of Franklin Focused Growth ETF during the 3rd quarter valued at $21,164,000. Encompass More Asset Management purchased a new stake in shares of Franklin Focused Growth ETF during the 3rd quarter valued at $4,695,000. Raymond James Financial Inc. purchased a new stake in shares of Franklin Focused Growth ETF during the 4th quarter valued at $1,869,000. Independent Advisor Alliance purchased a new stake in shares of Franklin Focused Growth ETF during the 4th quarter valued at $837,000. Finally, Empire Life Investments Inc. raised its position in shares of Franklin Focused Growth ETF by 176.0% during the 4th quarter. Empire Life Investments Inc. now owns 28,700 shares of the company’s stock valued at $1,147,000 after buying an additional 18,300 shares in the last quarter.
Franklin Focused Growth ETF Stock Performance
Franklin Focused Growth ETF stock opened at $36.14 on Monday. The firm’s fifty day moving average price is $39.97 and its 200-day moving average price is $39.08. The stock has a market cap of $119.26 million, a P/E ratio of 39.79 and a beta of 1.43. Franklin Focused Growth ETF has a fifty-two week low of $31.32 and a fifty-two week high of $42.92.
About Franklin Focused Growth ETF
The Franklin Focused Growth ETF FOCUSED GROWTH ETF (FFOG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in equities perceived to have strong fundamentals and prospects for growth. The fund does not limit investments to any particular market-cap, industry or geography.
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