Franklin U.S. Equity Index ETF $USPX Position Raised by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its position in shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 7.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,140,419 shares of the company’s stock after acquiring an additional 153,460 shares during the quarter. Franklin U.S. Equity Index ETF comprises about 0.7% of Sanctuary Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Sanctuary Advisors LLC owned about 0.07% of Franklin U.S. Equity Index ETF worth $121,726,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of USPX. Bank of America Corp DE boosted its stake 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 valued at $149,000 after purchasing an additional 455 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Franklin U.S. Equity Index ETF in the fourth quarter valued at approximately $35,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Franklin U.S. Equity Index ETF during the fourth quarter valued at approximately $46,000. Park Avenue Securities LLC raised its position in shares of Franklin U.S. Equity Index ETF by 6.4% during the 4th quarter. Park Avenue Securities LLC now owns 22,618 shares of the company’s stock worth $1,352,000 after buying an additional 1,359 shares in the last quarter. Finally, Larson Financial Group LLC bought a new stake in shares of Franklin U.S. Equity Index ETF during the 4th quarter worth about $106,000.

Franklin U.S. Equity Index ETF Trading Up 0.4%

Shares of NYSEARCA:USPX opened at $65.74 on Wednesday. The company has a 50 day moving average of $65.06 and a 200-day moving average of $61.65. The firm has a market cap of $2.00 billion, a P/E ratio of 25.39 and a beta of 0.93. Franklin U.S. Equity Index ETF has a twelve month low of $54.51 and a twelve month high of $66.51.

Franklin U.S. Equity Index ETF 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).