Encompass More Asset Management Buys 10,864 Shares of Franklin Focused Growth ETF (NYSEARCA:FFOG)

Encompass More Asset Management raised its stake in shares of Franklin Focused Growth ETF (NYSEARCA:FFOG) by 8.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,750 shares of the company’s stock after acquiring an additional 10,864 shares during the period. Franklin Focused Growth ETF comprises approximately 1.8% of Encompass More Asset Management’s investment portfolio, making the stock its 12th largest holding. Encompass More Asset Management owned 0.06% of Franklin Focused Growth ETF worth $5,465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FFOG. Franklin Resources Inc. bought a new stake in Franklin Focused Growth ETF in the 3rd quarter worth about $21,164,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Franklin Focused Growth ETF by 21.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,965 shares of the company’s stock valued at $745,000 after acquiring an additional 3,470 shares in the last quarter. Apollon Wealth Management LLC increased its position in shares of Franklin Focused Growth ETF by 36.2% during the third quarter. Apollon Wealth Management LLC now owns 14,191 shares of the company’s stock valued at $529,000 after acquiring an additional 3,770 shares during the last quarter. Empire Life Investments Inc. lifted its holdings in Franklin Focused Growth ETF by 126.1% during the third quarter. Empire Life Investments Inc. now owns 10,400 shares of the company’s stock worth $388,000 after acquiring an additional 5,800 shares during the period. Finally, Jane Street Group LLC purchased a new position in Franklin Focused Growth ETF in the third quarter worth $377,000.

Franklin Focused Growth ETF Price Performance

Shares of Franklin Focused Growth ETF stock opened at $42.48 on Friday. The firm has a market cap of $91.33 million, a PE ratio of 47.37 and a beta of 1.43. Franklin Focused Growth ETF has a 1 year low of $30.39 and a 1 year high of $42.49. The stock has a fifty day moving average price of $40.59 and a 200-day moving average price of $38.08.

Franklin Focused Growth ETF 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.