Cetera Investment Advisers Acquires 40,185 Shares of Franklin Focused Growth ETF $FFOG

Cetera Investment Advisers increased its holdings in shares of Franklin Focused Growth ETF (BATS:FFOG) by 14.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 315,497 shares of the company’s stock after purchasing an additional 40,185 shares during the period. Cetera Investment Advisers owned approximately 0.09% of Franklin Focused Growth ETF worth $12,961,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in FFOG. LPL Financial LLC lifted its stake in Franklin Focused Growth ETF by 13.2% in the fourth quarter. LPL Financial LLC now owns 547,081 shares of the company’s stock valued at $25,598,000 after buying an additional 63,610 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of Franklin Focused Growth ETF during the 3rd quarter worth approximately $8,407,000. Osaic Holdings Inc. increased its stake in shares of Franklin Focused Growth ETF by 14.8% in the 4th quarter. Osaic Holdings Inc. now owns 112,529 shares of the company’s stock valued at $5,265,000 after acquiring an additional 14,533 shares in the last quarter. Encompass More Asset Management increased its stake in shares of Franklin Focused Growth ETF by 0.8% in the 4th quarter. Encompass More Asset Management now owns 82,956 shares of the company’s stock valued at $3,882,000 after acquiring an additional 650 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Franklin Focused Growth ETF by 19.5% during the 3rd quarter. Raymond James Financial Inc. now owns 71,650 shares of the company’s stock valued at $3,408,000 after acquiring an additional 11,671 shares during the period.

Franklin Focused Growth ETF Stock Down 2.5%

Franklin Focused Growth ETF stock opened at $45.02 on Thursday. The company has a market capitalization of $153.07 million, a PE ratio of 47.17 and a beta of 1.43. Franklin Focused Growth ETF has a 12-month low of $38.89 and a 12-month high of $52.50. The firm’s fifty day moving average is $49.80 and its 200 day moving average is $46.79.

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. FFOG was launched on Apr 13, 2016 and is issued by Franklin Templeton.