Franklin Focused Growth ETF (BATS:FFOG – Get Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 23,491 shares, a growth of 903.9% from the June 30th total of 2,340 shares. Based on an average daily volume of 37,133 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.7% of the shares of the company are sold short.
Franklin Focused Growth ETF Price Performance
Franklin Focused Growth ETF stock opened at $47.22 on Friday. Franklin Focused Growth ETF has a 12 month low of $38.89 and a 12 month high of $52.50. The business has a 50 day simple moving average of $50.01 and a 200-day simple moving average of $46.82. The stock has a market capitalization of $160.55 million, a PE ratio of 47.17 and a beta of 1.43.
Hedge Funds Weigh In On Franklin Focused Growth ETF
Large investors have recently bought and sold shares of the company. Advisory Services Network LLC purchased a new stake in Franklin Focused Growth ETF in the 3rd quarter valued at approximately $38,000. Private Trust Co. NA raised its position in Franklin Focused Growth ETF by 57.1% in 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. International Assets Investment Management LLC acquired a new stake in Franklin Focused Growth ETF in the fourth quarter valued at $149,000. Sigma Planning Corp grew its stake in shares of Franklin Focused Growth ETF by 4.8% during the 4th quarter. Sigma Planning Corp now owns 5,314 shares of the company’s stock worth $249,000 after purchasing an additional 242 shares during the period. Finally, Western Wealth Management LLC acquired a new position in shares of Franklin Focused Growth ETF during the 1st quarter worth $249,000.
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.
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