Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) saw strong trading volume on Thursday . 32,101 shares were traded during trading, an increase of 17% from the previous session’s volume of 27,391 shares.The stock last traded at $53.19 and had previously closed at $52.91.
Franklin U.S. Equity Index ETF Stock Performance
The company’s 50 day moving average price is $52.50 and its 200-day moving average price is $50.63. The stock has a market cap of $1.29 billion, a P/E ratio of 25.97 and a beta of 1.02.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Sanctuary Advisors LLC grew its stake in Franklin U.S. Equity Index ETF by 2.2% in the 4th quarter. Sanctuary Advisors LLC now owns 1,796,958 shares of the company’s stock valued at $95,557,000 after buying an additional 38,940 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Franklin U.S. Equity Index ETF by 6.4% in the fourth quarter. Bank of New York Mellon Corp now owns 1,091,111 shares of the company’s stock worth $56,023,000 after acquiring an additional 65,806 shares during the period. Jane Street Group LLC grew its position in shares of Franklin U.S. Equity Index ETF by 587.0% in the third quarter. Jane Street Group LLC now owns 31,994 shares of the company’s stock valued at $1,608,000 after purchasing an additional 27,337 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in Franklin U.S. Equity Index ETF by 2.4% during the 4th quarter. Park Avenue Securities LLC now owns 20,623 shares of the company’s stock worth $1,059,000 after purchasing an additional 493 shares in the last quarter. Finally, IronBridge Private Wealth LLC bought a new position in Franklin U.S. Equity Index ETF in the 3rd quarter worth about $261,000.
About Franklin U.S. Equity Index ETF
The fund invests at least 80% of its assets in the component securities of the underlying index. The index is a free float-adjusted market capitalization weighted index that is maintained and calculated by Morningstar, Inc (Morningstar or index provider).
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