15,276 Shares in Franklin Focused Growth ETF $FFOG Purchased by Independent Financial Group LLC

Independent Financial Group LLC acquired a new position in shares of Franklin Focused Growth ETF (BATS:FFOG) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,276 shares of the company’s stock, valued at approximately $628,000. Independent Financial Group LLC owned about 0.45% of Franklin Focused Growth ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its position in shares of Franklin Focused Growth ETF by 13.2% during the fourth quarter. LPL Financial LLC now owns 547,081 shares of the company’s stock worth $25,598,000 after purchasing an additional 63,610 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Franklin Focused Growth ETF by 28.0% in the fourth quarter. Cetera Investment Advisers now owns 275,312 shares of the company’s stock valued at $12,882,000 after purchasing an additional 60,143 shares in the last quarter. Ameriprise Financial Inc. bought a new position in Franklin Focused Growth ETF in the 3rd quarter worth approximately $8,407,000. Osaic Holdings Inc. raised its position in Franklin Focused Growth ETF by 14.8% in the 4th quarter. Osaic Holdings Inc. now owns 112,529 shares of the company’s stock worth $5,265,000 after purchasing an additional 14,533 shares during the last quarter. Finally, Encompass More Asset Management lifted its holdings in Franklin Focused Growth ETF by 0.8% during the 4th quarter. Encompass More Asset Management now owns 82,956 shares of the company’s stock worth $3,882,000 after buying an additional 650 shares in the last quarter.

Franklin Focused Growth ETF Stock Performance

Shares of FFOG opened at $49.10 on Thursday. The firm has a market capitalization of $166.94 million, a price-to-earnings ratio of 47.17 and a beta of 1.43. The business’s fifty day moving average price is $50.12 and its two-hundred day moving average price is $46.81. Franklin Focused Growth ETF has a 52 week low of $38.89 and a 52 week high of $52.50.

Franklin Focused Growth ETF Company 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.