Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) saw strong trading volume on Wednesday . 159,742 shares were traded during trading, an increase of 88% from the previous session’s volume of 84,924 shares.The stock last traded at $67.60 and had previously closed at $67.37.
Franklin U.S. Equity Index ETF Stock Performance
The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 25.39 and a beta of 0.93. The business’s fifty day simple moving average is $65.36 and its 200 day simple moving average is $62.41.
Institutional Investors Weigh In On Franklin U.S. Equity Index ETF
Hedge funds have recently bought and sold shares of the business. Franklin Resources Inc. raised its position in shares of Franklin U.S. Equity Index ETF by 3.6% in 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 in the last quarter. Sanctuary Advisors LLC raised its stake in shares of Franklin U.S. Equity Index ETF by 7.7% in the 1st quarter. Sanctuary Advisors LLC now owns 2,140,419 shares of the company’s stock valued at $121,726,000 after purchasing an additional 153,460 shares in the last quarter. Bank of New York Mellon Corp lifted its position 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 purchasing an additional 94,458 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Franklin U.S. Equity Index ETF by 6.4% during the fourth quarter. JPMorgan Chase & Co. now owns 459,094 shares of the company’s stock worth $27,445,000 after purchasing an additional 27,413 shares during the last quarter. Finally, Sequent Planning LLC grew its stake in Franklin U.S. Equity Index ETF by 15.6% in the first quarter. Sequent Planning LLC now owns 373,851 shares of the company’s stock worth $21,261,000 after purchasing an additional 50,573 shares in the last quarter.
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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