Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) saw strong trading volume on Tuesday . Approximately 427,011 shares changed hands during trading, an increase of 356% from the previous session’s volume of 93,605 shares.The stock last traded at $65.34 and had previously closed at $64.75.
Franklin U.S. Equity Index ETF Price Performance
The business’s fifty day moving average price is $64.49 and its 200-day moving average price is $61.29. The stock has a market capitalization of $1.96 billion, a PE ratio of 25.39 and a beta of 0.92.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Franklin Resources Inc. increased its holdings in shares of Franklin U.S. Equity Index ETF by 30.9% in the third quarter. Franklin Resources Inc. now owns 11,150,001 shares of the company’s stock worth $653,164,000 after purchasing an additional 2,634,653 shares during the period. Sequent Planning LLC purchased a new position in Franklin U.S. Equity Index ETF during the third quarter worth about $16,390,000. Sanctuary Advisors LLC grew its position 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 buying an additional 153,460 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Franklin U.S. Equity Index ETF by 7.2% in the 1st 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 last quarter. Finally, Citadel Advisors LLC bought a new position in Franklin U.S. Equity Index ETF in the 3rd quarter worth about $1,912,000.
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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