XML Financial LLC Takes Position in Franklin Income Focus ETF (NYSEARCA:INCM)

XML Financial LLC purchased a new position in shares of Franklin Income Focus ETF (NYSEARCA:INCM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,715 shares of the company’s stock, valued at approximately $332,000. XML Financial LLC owned 0.15% of Franklin Income Focus ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in INCM. SFG Wealth Management LLC. raised its stake in Franklin Income Focus ETF by 6.8% during the fourth quarter. SFG Wealth Management LLC. now owns 24,579 shares of the company’s stock worth $642,000 after acquiring an additional 1,567 shares in the last quarter. Ameritas Advisory Services LLC lifted its stake in shares of Franklin Income Focus ETF by 75.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 14,422 shares of the company’s stock worth $376,000 after acquiring an additional 6,212 shares during the period. Orion Portfolio Solutions LLC acquired a new position in shares of Franklin Income Focus ETF in the 3rd quarter worth approximately $225,000. Jane Street Group LLC acquired a new position in Franklin Income Focus ETF in the third quarter valued at $1,039,000. Finally, Stifel Financial Corp lifted its stake in shares of Franklin Income Focus ETF by 0.7% in the 3rd quarter. Stifel Financial Corp now owns 159,474 shares of the company’s stock valued at $4,334,000 after purchasing an additional 1,072 shares during the period.

Franklin Income Focus ETF Price Performance

Shares of NYSEARCA INCM opened at $26.56 on Thursday. The company’s fifty day simple moving average is $26.60 and its 200 day simple moving average is $26.72. Franklin Income Focus ETF has a 12-month low of $25.13 and a 12-month high of $27.65.

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.