Shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) saw an uptick in trading volume on Monday. 722,035 shares changed hands during trading, an increase of 796% from the previous session’s volume of 80,621 shares. The stock last traded at $66.9650 and had previously closed at $67.57.
Franklin U.S. Equity Index ETF Stock Performance
The business’s fifty day moving average price is $66.63 and its two-hundred day moving average price is $64.04. The stock has a market capitalization of $2.09 billion, a P/E ratio of 25.39 and a beta of 0.93.
Institutional Investors Weigh In On Franklin U.S. Equity Index ETF
Several institutional investors have recently modified their holdings of USPX. Franklin Resources Inc. increased its position in shares of Franklin U.S. Equity Index ETF by 3.6% during the 4th quarter. Franklin Resources Inc. now owns 11,551,365 shares of the company’s stock valued at $690,538,000 after purchasing an additional 401,364 shares during the last quarter. Sanctuary Advisors LLC lifted its position in Franklin U.S. Equity Index ETF by 7.7% in 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 last quarter. Bank of New York Mellon Corp boosted its stake 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. Sequent Planning LLC boosted its stake in Franklin U.S. Equity Index ETF by 15.6% during the first quarter. Sequent Planning LLC now owns 373,851 shares of the company’s stock worth $21,261,000 after buying an additional 50,573 shares during the period. Finally, RFG Advisory LLC bought a new position in Franklin U.S. Equity Index ETF during the second quarter valued at $4,247,000.
Franklin U.S. Equity Index ETF Company 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).
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