Avantax Advisory Services Inc. Buys 11,328 Shares of Franklin Focused Growth ETF (NYSEARCA:FFOG)

Avantax Advisory Services Inc. raised its stake in Franklin Focused Growth ETF (NYSEARCA:FFOG) by 23.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,703 shares of the company’s stock after purchasing an additional 11,328 shares during the period. Avantax Advisory Services Inc. owned 2.73% of Franklin Focused Growth ETF worth $2,346,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Stifel Financial Corp increased its stake in Franklin Focused Growth ETF by 20.1% in the third quarter. Stifel Financial Corp now owns 7,784 shares of the company’s stock valued at $290,000 after purchasing an additional 1,301 shares in the last quarter. Prospera Financial Services Inc increased its stake in Franklin Focused Growth ETF by 21.0% in the third quarter. Prospera Financial Services Inc now owns 9,849 shares of the company’s stock valued at $367,000 after purchasing an additional 1,706 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in Franklin Focused Growth ETF in the fourth quarter valued at $131,000. Apollon Wealth Management LLC increased its stake in Franklin Focused Growth ETF by 36.2% in the third quarter. Apollon Wealth Management LLC now owns 14,191 shares of the company’s stock valued at $529,000 after purchasing an additional 3,770 shares in the last quarter. Finally, Prosperity Financial Group Inc. increased its stake in Franklin Focused Growth ETF by 11.7% in the fourth quarter. Prosperity Financial Group Inc. now owns 43,266 shares of the company’s stock valued at $1,729,000 after purchasing an additional 4,540 shares in the last quarter.

Franklin Focused Growth ETF Trading Up 2.9 %

FFOG opened at $36.14 on Monday. Franklin Focused Growth ETF has a 1-year low of $31.32 and a 1-year high of $42.92. The company has a market cap of $119.26 million, a P/E ratio of 39.79 and a beta of 1.43. The company has a fifty day moving average price of $39.97 and a two-hundred day moving average price of $39.08.

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.