Franklin U.S. Equity Index ETF $USPX is Sequent Planning LLC’s 2nd Largest Position

Sequent Planning LLC boosted its holdings in Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 15.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 323,278 shares of the company’s stock after buying an additional 43,489 shares during the period. Franklin U.S. Equity Index ETF accounts for approximately 4.9% of Sequent Planning LLC’s holdings, making the stock its 2nd biggest position. Sequent Planning LLC’s holdings in Franklin U.S. Equity Index ETF were worth $19,326,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of USPX. Franklin Resources Inc. increased its stake in Franklin U.S. Equity Index ETF by 30.9% in the 3rd quarter. Franklin Resources Inc. now owns 11,150,001 shares of the company’s stock worth $653,164,000 after buying an additional 2,634,653 shares in the last quarter. Sanctuary Advisors LLC increased its stake in Franklin U.S. Equity Index ETF by 4.0% in the 4th 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. Citadel Advisors LLC purchased a new stake in Franklin U.S. Equity Index ETF in the 3rd quarter worth $1,912,000. Atria Investments Inc increased its stake 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 worth $4,273,000 after buying an additional 29,037 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in Franklin U.S. Equity Index ETF by 160.2% in the 1st quarter. Jane Street Group LLC now owns 42,557 shares of the company’s stock worth $2,085,000 after buying an additional 26,203 shares in the last quarter.

Franklin U.S. Equity Index ETF Stock Performance

Shares of USPX stock opened at $64.55 on Monday. Franklin U.S. Equity Index ETF has a 52-week low of $50.70 and a 52-week high of $65.41. The firm has a market capitalization of $1.88 billion, a PE ratio of 25.39 and a beta of 0.92. The stock has a fifty day simple moving average of $60.11 and a two-hundred day simple moving average of $60.00.

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).