Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 235,802 shares traded hands during mid-day trading, an increase of 179% from the previous session’s volume of 84,371 shares.The stock last traded at $67.02 and had previously closed at $67.29.
Franklin U.S. Equity Index ETF Stock Performance
The business has a 50-day moving average of $65.92 and a 200-day moving average of $63.03. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 25.39 and a beta of 0.93.
Hedge Funds Weigh In On Franklin U.S. Equity Index ETF
A number of hedge funds have recently modified their holdings of USPX. Franklin Resources Inc. grew its position in 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 worth $690,538,000 after purchasing an additional 401,364 shares during the last quarter. Sequent Planning LLC raised its holdings in shares of Franklin U.S. Equity Index ETF by 15.5% in the fourth quarter. Sequent Planning LLC now owns 323,278 shares of the company’s stock valued at $19,326,000 after buying an additional 43,489 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in shares of 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. Bank of New York Mellon Corp boosted its stake in shares of 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, Atria Investments Inc grew its holdings in shares of Franklin U.S. Equity Index ETF by 68.4% during the fourth 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 during the last quarter.
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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