D.A. Davidson & CO. Reduces Stock Position in Franklin Focused Growth ETF $FFOG

D.A. Davidson & CO. lowered its stake in shares of Franklin Focused Growth ETF (BATS:FFOG) by 52.0% during the 4th quarter, HoldingsChannel reports. The fund owned 16,365 shares of the company’s stock after selling 17,741 shares during the period. D.A. Davidson & CO.’s holdings in Franklin Focused Growth ETF were worth $766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Private Trust Co. NA lifted its position in shares of Franklin Focused Growth ETF by 57.1% during the fourth quarter. Private Trust Co. NA now owns 1,100 shares of the company’s stock worth $51,000 after acquiring an additional 400 shares in the last quarter. Calton & Associates Inc. lifted its position in shares of Franklin Focused Growth ETF by 8.4% during the third quarter. Calton & Associates Inc. now owns 7,438 shares of the company’s stock worth $354,000 after acquiring an additional 575 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Franklin Focused Growth ETF during the third quarter worth $38,000. Citadel Advisors LLC lifted its position in shares of Franklin Focused Growth ETF by 5.7% during the third quarter. Citadel Advisors LLC now owns 30,500 shares of the company’s stock worth $1,451,000 after acquiring an additional 1,642 shares in the last quarter. Finally, J.W. Cole Advisors Inc. lifted its position in shares of Franklin Focused Growth ETF by 26.4% during the third quarter. J.W. Cole Advisors Inc. now owns 8,571 shares of the company’s stock worth $408,000 after acquiring an additional 1,790 shares in the last quarter.

Franklin Focused Growth ETF Price Performance

BATS:FFOG opened at $48.86 on Tuesday. The company has a market cap of $166.12 million, a P/E ratio of 47.17 and a beta of 1.43. Franklin Focused Growth ETF has a 1 year low of $37.35 and a 1 year high of $50.12. The stock’s fifty day moving average price is $43.88 and its two-hundred day moving average price is $45.61.

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.