Shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $64.58 and last traded at $64.49, with a volume of 54347 shares. The stock had previously closed at $64.35.
Franklin U.S. Equity Index ETF Stock Up 0.2%
The stock has a fifty day moving average of $59.71 and a two-hundred day moving average of $59.85. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 25.39 and a beta of 0.92.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp grew 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 acquiring an additional 94,458 shares during the period. Sanctuary Advisors LLC grew 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 acquiring an additional 153,460 shares during the period. Sequent Planning LLC grew its holdings 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 acquiring an additional 50,573 shares during the period. Kestra Advisory Services LLC acquired a new stake in Franklin U.S. Equity Index ETF in the fourth quarter valued at $35,000. Finally, LPL Financial LLC grew its holdings in Franklin U.S. Equity Index ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 189,990 shares of the company’s stock valued at $11,358,000 after purchasing an additional 10,642 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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