AlphaStar Capital Management LLC Makes New Investment in Franklin Income Equity Focus ETF (NYSEARCA:INCE)

AlphaStar Capital Management LLC bought a new stake in shares of Franklin Income Equity Focus ETF (NYSEARCA:INCE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,760 shares of the company’s stock, valued at approximately $541,000.

Several other hedge funds have also added to or reduced their stakes in the business. Cornerstone Wealth Management LLC purchased a new position in Franklin Income Equity Focus ETF in the 4th quarter worth approximately $681,000. CENTRAL TRUST Co bought a new stake in shares of Franklin Income Equity Focus ETF in the fourth quarter worth about $634,000. Money Concepts Capital Corp purchased a new position in Franklin Income Equity Focus ETF during the 4th quarter valued at about $290,000. Finally, Silver Oak Securities Incorporated bought a new position in Franklin Income Equity Focus ETF during the 4th quarter valued at approximately $1,501,000.

Franklin Income Equity Focus ETF Trading Down 0.6 %

Shares of INCE stock opened at $56.88 on Friday. The business’s 50 day moving average price is $56.68 and its 200-day moving average price is $57.11. Franklin Income Equity Focus ETF has a fifty-two week low of $51.61 and a fifty-two week high of $59.38.

Franklin Income Equity Focus ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Friday, January 31st were given a $0.1967 dividend. The ex-dividend date of this dividend was Friday, January 31st.