Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $70.07 and last traded at $70.07, with a volume of 124 shares trading hands. The stock had previously closed at $64.65.
Franklin U.S. Equity Index ETF Stock Up 1.6%
The stock’s 50 day moving average is $65.16 and its two-hundred day moving average is $62.04. The company has a market capitalization of $1.99 billion, a PE ratio of 25.39 and a beta of 0.93.
Institutional Investors Weigh In On Franklin U.S. Equity Index ETF
Hedge funds have recently modified their holdings of the business. TOWER TRUST & INVESTMENT Co bought a new position in shares of Franklin U.S. Equity Index ETF during the second quarter valued at approximately $82,000. CoreCap Advisors LLC bought a new position in Franklin U.S. Equity Index ETF in the second quarter worth approximately $37,000. Cetera Investment Advisers raised its stake in Franklin U.S. Equity Index ETF by 26.9% in the first quarter. Cetera Investment Advisers now owns 16,359 shares of the company’s stock worth $930,000 after buying an additional 3,466 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Franklin U.S. Equity Index ETF by 7.2% during the first quarter. Bank of New York Mellon Corp now owns 1,411,314 shares of the company’s stock worth $80,261,000 after buying an additional 94,458 shares during the period. Finally, Sanctuary Advisors LLC lifted its holdings in Franklin U.S. Equity Index ETF by 7.7% during the first quarter. Sanctuary Advisors LLC now owns 2,140,419 shares of the company’s stock worth $121,726,000 after buying an additional 153,460 shares during the period.
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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