Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) saw strong trading volume on Friday . 57,186 shares traded hands during trading, an increase of 22% from the previous session’s volume of 46,991 shares.The stock last traded at $59.8860 and had previously closed at $59.99.
Franklin U.S. Equity Index ETF Stock Performance
The stock has a market cap of $1.70 billion, a P/E ratio of 25.39 and a beta of 0.92. The business has a 50 day simple moving average of $60.24 and a 200-day simple moving average of $58.62.
Hedge Funds Weigh In On Franklin U.S. Equity Index ETF
Hedge funds and other institutional investors have recently modified their holdings of the company. Franklin Resources Inc. increased its holdings in shares of Franklin U.S. Equity Index ETF by 30.9% in the third 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 during the period. Sequent Planning LLC purchased a new stake in shares of Franklin U.S. Equity Index ETF during the third quarter worth about $16,390,000. Sanctuary Advisors LLC increased its position in shares of Franklin U.S. Equity Index ETF by 4.0% during the fourth quarter. Sanctuary Advisors LLC now owns 1,986,959 shares of the company’s stock valued at $118,780,000 after buying an additional 75,801 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Franklin U.S. Equity Index ETF by 18.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 418,432 shares of the company’s stock worth $22,748,000 after acquiring an additional 64,227 shares during the period. Finally, Citadel Advisors LLC purchased a new position in shares of Franklin U.S. Equity Index ETF during the 3rd quarter worth approximately $1,912,000.
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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