Prosperity Financial Group Inc. Purchases 4,540 Shares of Franklin Focused Growth ETF (NYSEARCA:FFOG)

Prosperity Financial Group Inc. lifted its position in Franklin Focused Growth ETF (NYSEARCA:FFOG) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,266 shares of the company’s stock after buying an additional 4,540 shares during the quarter. Prosperity Financial Group Inc.’s holdings in Franklin Focused Growth ETF were worth $1,729,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FFOG. Apollon Wealth Management LLC grew its stake in shares of 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 buying an additional 3,770 shares in the last quarter. Prospera Financial Services Inc grew its stake in shares of 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 buying an additional 1,706 shares in the last quarter. Encompass More Asset Management bought a new position in shares of Franklin Focused Growth ETF in the third quarter valued at $4,695,000. Stifel Financial Corp grew its stake in shares of 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 buying an additional 1,301 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Franklin Focused Growth ETF in the third quarter valued at $377,000.

Franklin Focused Growth ETF Price Performance

Shares of Franklin Focused Growth ETF stock opened at $35.09 on Wednesday. The business has a fifty day simple moving average of $40.24 and a two-hundred day simple moving average of $39.10. 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 capitalization of $115.80 million, a price-to-earnings ratio of 39.79 and a beta of 1.43.

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.