Ethos Financial Group LLC Purchases Shares of 16,275 Franklin Income Equity Focus ETF $INCE

Ethos Financial Group LLC purchased a new position in Franklin Income Equity Focus ETF (NYSEARCA:INCE) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 16,275 shares of the company’s stock, valued at approximately $1,058,000.

Other large investors have also modified their holdings of the company. UMB Bank n.a. acquired a new position in shares of Franklin Income Equity Focus ETF during the fourth quarter valued at about $14,286,000. Franklin Resources Inc. raised its position in shares of Franklin Income Equity Focus ETF by 44,052.9% in the 4th quarter. Franklin Resources Inc. now owns 100,227 shares of the company’s stock valued at $6,124,000 after purchasing an additional 100,000 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in Franklin Income Equity Focus ETF in the 4th quarter worth approximately $2,373,000. Raymond James Financial Inc. boosted its stake in Franklin Income Equity Focus ETF by 23.2% in the 2nd quarter. Raymond James Financial Inc. now owns 195,256 shares of the company’s stock worth $11,221,000 after purchasing an additional 36,832 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Franklin Income Equity Focus ETF by 132.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 38,430 shares of the company’s stock worth $2,160,000 after purchasing an additional 21,931 shares during the last quarter.

Franklin Income Equity Focus ETF Trading Down 0.0%

NYSEARCA:INCE opened at $67.21 on Thursday. Franklin Income Equity Focus ETF has a twelve month low of $56.65 and a twelve month high of $68.42. The company has a market cap of $131.06 million, a PE ratio of 17.48 and a beta of 0.74. The company’s 50 day moving average is $67.20 and its two-hundred day moving average is $65.74.

Franklin Income Equity Focus ETF Company Profile

The Franklin Income Equity Focus ETF (INCE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks income and capital appreciation with lower volatility than the S&P 500 Index. The fund invests in stocks globally using proprietary fundamental research. INCE was launched on Sep 20, 2016 and is issued by Franklin Templeton.