Shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) saw strong trading volume on Monday. Approximately 722,035 shares traded hands during trading, an increase of 796% from the previous session’s volume of 80,621 shares. The stock last traded at $66.9650 and had previously closed at $67.57.
Franklin U.S. Equity Index ETF Trading Down 0.7%
The company has a market capitalization of $2.09 billion, a PE ratio of 25.39 and a beta of 0.93. The stock’s 50-day moving average is $66.63 and its two-hundred day moving average is $64.04.
Hedge Funds Weigh In On Franklin U.S. Equity Index ETF
Hedge funds have recently bought and sold shares of the business. Franklin Resources Inc. increased its stake in Franklin U.S. Equity Index ETF by 3.6% in the fourth 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 period. 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 valued at $121,726,000 after purchasing an additional 153,460 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Franklin U.S. Equity Index ETF by 7.2% in 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. Sequent Planning LLC grew its holdings in shares of 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 during the last quarter. Finally, RFG Advisory LLC purchased a new position in Franklin U.S. Equity Index ETF in the 2nd quarter worth about $4,247,000.
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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