Franklin U.S. Equity Index ETF (NYSEARCA:USPX) Sees Large Volume Increase – Here’s What Happened

Franklin U.S. Equity Index ETF (NYSEARCA:USPXGet Free Report) shares saw an uptick in trading volume on Monday . 235,802 shares traded hands during 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 Trading Down 0.4%

The company has a market capitalization of $2.06 billion, a PE ratio of 25.39 and a beta of 0.93. The firm has a 50 day simple moving average of $65.92 and a two-hundred day simple moving average of $63.03.

Institutional Investors Weigh In On Franklin U.S. Equity Index ETF

Several hedge funds have recently modified their holdings of USPX. Kestra Advisory Services LLC purchased a new position in Franklin U.S. Equity Index ETF in the 4th quarter valued at $35,000. CoreCap Advisors LLC purchased a new position in Franklin U.S. Equity Index ETF during the 2nd quarter worth $37,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of Franklin U.S. Equity Index ETF in the 4th quarter worth $46,000. TOWER TRUST & INVESTMENT Co acquired a new stake in shares of Franklin U.S. Equity Index ETF in the 2nd quarter worth $82,000. Finally, Larson Financial Group LLC purchased a new stake in shares of Franklin U.S. Equity Index ETF in the fourth quarter valued at about $106,000.

About Franklin U.S. Equity Index ETF

(Get Free Report)

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).

See Also

Receive News & Ratings for Franklin U.S. Equity Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Equity Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.