HBW Advisory Services LLC Buys Shares of 8,864 Franklin Income Focus ETF (NYSEARCA:INCM)

HBW Advisory Services LLC purchased a new position in shares of Franklin Income Focus ETF (NYSEARCA:INCM) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 8,864 shares of the company’s stock, valued at approximately $229,000. HBW Advisory Services LLC owned approximately 0.10% of Franklin Income Focus ETF at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in INCM. Perigon Wealth Management LLC bought a new stake in Franklin Income Focus ETF in the fourth quarter worth $225,000. Private Trust Co. NA acquired a new position in Franklin Income Focus ETF during the 4th quarter worth $388,000. Janney Montgomery Scott LLC lifted its position in shares of Franklin Income Focus ETF by 122.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 20,223 shares of the company’s stock worth $520,000 after purchasing an additional 11,123 shares during the last quarter. SFG Wealth Management LLC. bought a new stake in shares of Franklin Income Focus ETF in the first quarter valued at approximately $617,000. Finally, Avantax Advisory Services Inc. bought a new stake in Franklin Income Focus ETF in the 4th quarter valued at $1,263,000.

Franklin Income Focus ETF Trading Down 0.1 %

INCM traded down $0.02 on Tuesday, hitting $26.10. 69,498 shares of the stock traded hands, compared to its average volume of 67,501. The business has a fifty day moving average price of $26.10 and a two-hundred day moving average price of $25.82. Franklin Income Focus ETF has a 52 week low of $23.36 and a 52 week high of $27.65.

Franklin Income Focus ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 5th. Stockholders of record on Wednesday, July 31st were given a dividend of $0.111 per share. The ex-dividend date of this dividend was Wednesday, July 31st.

About Franklin Income Focus ETF

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.