Franklin Resources Inc. Acquires New Holdings in Franklin Focused Growth ETF (NYSEARCA:FFOG)

Franklin Resources Inc. purchased a new stake in Franklin Focused Growth ETF (NYSEARCA:FFOG) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 550,000 shares of the company’s stock, valued at approximately $21,164,000. Franklin Resources Inc. owned approximately 25.58% of Franklin Focused Growth ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Franklin Focused Growth ETF during the second quarter valued at $607,000. Empire Life Investments Inc. increased its holdings in Franklin Focused Growth ETF by 126.1% in the 3rd quarter. Empire Life Investments Inc. now owns 10,400 shares of the company’s stock worth $388,000 after buying an additional 5,800 shares during the period. International Assets Investment Management LLC acquired a new stake in Franklin Focused Growth ETF during the 2nd quarter valued at approximately $117,000. Apollon Wealth Management LLC boosted its holdings in shares of Franklin Focused Growth ETF by 36.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 14,191 shares of the company’s stock valued at $529,000 after acquiring an additional 3,770 shares during the last quarter. Finally, Encompass More Asset Management acquired a new stake in shares of Franklin Focused Growth ETF in the third quarter worth $4,695,000.

Franklin Focused Growth ETF Price Performance

NYSEARCA FFOG opened at $40.29 on Friday. The company has a fifty day moving average of $39.39 and a 200 day moving average of $37.33. The company has a market capitalization of $86.62 million, a PE ratio of 47.37 and a beta of 1.43. Franklin Focused Growth ETF has a 1 year low of $27.90 and a 1 year high of $42.01.

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.