Franklin U.S. Equity Index ETF (NYSEARCA:USPX) Short Interest Update

Franklin U.S. Equity Index ETF (NYSEARCA:USPXGet Free Report) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 36,993 shares, an increase of 29.8% from the December 31st total of 28,505 shares. Based on an average daily volume of 41,902 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 41,902 shares, the days-to-cover ratio is currently 0.9 days.

Franklin U.S. Equity Index ETF Stock Down 0.9%

NYSEARCA:USPX opened at $60.33 on Wednesday. Franklin U.S. Equity Index ETF has a 52 week low of $42.40 and a 52 week high of $61.19. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 25.39 and a beta of 0.92. The stock’s fifty day moving average is $60.24 and its two-hundred day moving average is $58.60.

Institutional Investors Weigh In On Franklin U.S. Equity Index ETF

Several hedge funds have recently made changes to their positions in USPX. Bogart Wealth LLC purchased a new stake in Franklin U.S. Equity Index ETF during the 4th quarter worth $152,000. Sanctuary Advisors LLC raised its position in Franklin U.S. Equity Index ETF by 4.0% in the fourth quarter. Sanctuary Advisors LLC now owns 1,986,959 shares of the company’s stock worth $118,780,000 after acquiring an additional 75,801 shares in the last quarter. Park Avenue Securities LLC boosted its stake in Franklin U.S. Equity Index ETF by 6.4% in the 4th quarter. Park Avenue Securities LLC now owns 22,618 shares of the company’s stock worth $1,352,000 after purchasing an additional 1,359 shares during the period. JPMorgan Chase & Co. increased its stake in 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 buying an additional 13,249 shares during the period. Finally, Citadel Advisors LLC bought a new stake in Franklin U.S. Equity Index ETF in the third quarter worth approximately $1,912,000.

About Franklin U.S. Equity Index ETF

(Get Free Report)

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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