Franklin U.S. Equity Index ETF $USPX Holdings Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 3.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 431,681 shares of the company’s stock after buying an additional 13,249 shares during the period. JPMorgan Chase & Co. owned 1.59% of Franklin U.S. Equity Index ETF worth $25,288,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Huntington National Bank acquired a new position in shares of Franklin U.S. Equity Index ETF in the 3rd quarter valued at $53,000. Bank of America Corp DE raised its holdings in Franklin U.S. Equity Index ETF by 19.9% during the 2nd quarter. Bank of America Corp DE now owns 2,736 shares of the company’s stock worth $149,000 after buying an additional 455 shares during the period. Cetera Investment Advisers purchased a new stake in Franklin U.S. Equity Index ETF during the second quarter valued at about $254,000. Envestnet Asset Management Inc. purchased a new stake in Franklin U.S. Equity Index ETF during the second quarter valued at about $704,000. Finally, Citadel Advisors LLC acquired a new position in shares of Franklin U.S. Equity Index ETF in the third quarter worth about $1,912,000.

Franklin U.S. Equity Index ETF Price Performance

Franklin U.S. Equity Index ETF stock opened at $57.24 on Tuesday. Franklin U.S. Equity Index ETF has a fifty-two week low of $42.40 and a fifty-two week high of $61.19. The firm’s 50 day simple moving average is $59.72 and its 200-day simple moving average is $59.38. The company has a market cap of $1.62 billion, a P/E ratio of 25.39 and a beta of 0.92.

Franklin U.S. Equity Index ETF Company Profile

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).