Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) shares saw strong trading volume on Tuesday . 427,011 shares traded hands during trading, an increase of 356% from the previous session’s volume of 93,605 shares.The stock last traded at $65.34 and had previously closed at $64.75.
Franklin U.S. Equity Index ETF Stock Performance
The company has a 50-day moving average of $64.36 and a 200-day moving average of $61.23. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 25.39 and a beta of 0.92.
Institutional Investors Weigh In On Franklin U.S. Equity Index ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in USPX. JPMorgan Chase & Co. raised its stake in shares of Franklin U.S. Equity Index ETF by 3.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 431,681 shares of the company’s stock valued at $25,288,000 after purchasing an additional 13,249 shares during the period. Sequent Planning LLC boosted its position in shares of Franklin U.S. Equity Index ETF by 15.5% during the fourth quarter. Sequent Planning LLC now owns 323,278 shares of the company’s stock worth $19,326,000 after buying an additional 43,489 shares during the period. Franklin Resources Inc. grew its holdings in shares of Franklin U.S. Equity Index ETF by 3.6% during the fourth quarter. Franklin Resources Inc. now owns 11,551,365 shares of the company’s stock worth $690,538,000 after buying an additional 401,364 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of Franklin U.S. Equity Index ETF by 4.0% during the fourth quarter. Sanctuary Advisors LLC now owns 1,986,959 shares of the company’s stock worth $118,780,000 after buying an additional 75,801 shares in the last quarter. Finally, Atria Investments Inc raised its position in Franklin U.S. Equity Index ETF by 68.4% in the 4th quarter. Atria Investments Inc now owns 71,483 shares of the company’s stock valued at $4,273,000 after buying an additional 29,037 shares during the last quarter.
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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