Empire Life Investments Inc. Purchases 18,300 Shares of Franklin Focused Growth ETF (NYSEARCA:FFOG)

Empire Life Investments Inc. boosted its position in Franklin Focused Growth ETF (NYSEARCA:FFOG) by 176.0% in the fourth quarter, HoldingsChannel reports. The firm owned 28,700 shares of the company’s stock after buying an additional 18,300 shares during the quarter. Empire Life Investments Inc.’s holdings in Franklin Focused Growth ETF were worth $1,147,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FFOG. Wealth Enhancement Advisory Services LLC grew its position in Franklin Focused Growth ETF by 21.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 19,965 shares of the company’s stock worth $745,000 after purchasing an additional 3,470 shares in the last quarter. Apollon Wealth Management LLC grew its position in Franklin Focused Growth ETF by 36.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 14,191 shares of the company’s stock worth $529,000 after purchasing an additional 3,770 shares in the last quarter. Prospera Financial Services Inc grew its position in Franklin Focused Growth ETF by 21.0% in the 3rd quarter. Prospera Financial Services Inc now owns 9,849 shares of the company’s stock worth $367,000 after purchasing an additional 1,706 shares in the last quarter. Encompass More Asset Management bought a new stake in Franklin Focused Growth ETF in the 3rd quarter worth about $4,695,000. Finally, Stifel Financial Corp grew its position in Franklin Focused Growth ETF by 20.1% in the 3rd quarter. Stifel Financial Corp now owns 7,784 shares of the company’s stock worth $290,000 after purchasing an additional 1,301 shares in the last quarter.

Franklin Focused Growth ETF Stock Performance

Shares of FFOG stock opened at $42.03 on Friday. Franklin Focused Growth ETF has a 52-week low of $31.32 and a 52-week high of $42.92. The company has a 50-day simple moving average of $41.07 and a two-hundred day simple moving average of $38.58. The company has a market capitalization of $90.36 million, a price-to-earnings ratio of 47.37 and a beta of 1.43.

Franklin Focused Growth ETF Company Profile

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.