Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 32,101 shares were traded during trading, an increase of 17% from the previous session’s volume of 27,391 shares.The stock last traded at $53.19 and had previously closed at $52.91.
Franklin U.S. Equity Index ETF Price Performance
The stock has a 50-day moving average of $52.51 and a 200 day moving average of $50.68. The company has a market cap of $1.28 billion, a P/E ratio of 25.97 and a beta of 1.02.
Hedge Funds Weigh In On Franklin U.S. Equity Index ETF
Several hedge funds have recently bought and sold shares of USPX. Park Avenue Securities LLC lifted its position in shares of Franklin U.S. Equity Index ETF by 2.4% during the 4th quarter. Park Avenue Securities LLC now owns 20,623 shares of the company’s stock worth $1,059,000 after buying an additional 493 shares during the last quarter. Jane Street Group LLC grew its position in Franklin U.S. Equity Index ETF by 587.0% in the third quarter. Jane Street Group LLC now owns 31,994 shares of the company’s stock valued at $1,608,000 after acquiring an additional 27,337 shares during the last quarter. IronBridge Private Wealth LLC acquired a new position in Franklin U.S. Equity Index ETF during the third quarter worth about $261,000. Atria Investments Inc lifted its holdings in shares of Franklin U.S. Equity Index ETF by 2.8% in the fourth quarter. Atria Investments Inc now owns 263,592 shares of the company’s stock worth $13,534,000 after acquiring an additional 7,159 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Franklin U.S. Equity Index ETF by 6.4% in the 4th quarter. Bank of New York Mellon Corp now owns 1,091,111 shares of the company’s stock valued at $56,023,000 after purchasing an additional 65,806 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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