Osaic Holdings Inc. Has $1.84 Million Holdings in Franklin U.S. Equity Index ETF $USPX

Osaic Holdings Inc. raised its holdings in Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 708.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 33,874 shares of the company’s stock after purchasing an additional 29,686 shares during the quarter. Osaic Holdings Inc.’s holdings in Franklin U.S. Equity Index ETF were worth $1,841,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of Franklin U.S. Equity Index ETF by 19.9% during the 2nd quarter. Bank of America Corp DE now owns 2,736 shares of the company’s stock worth $149,000 after acquiring an additional 455 shares during the period. Cetera Investment Advisers acquired a new stake in Franklin U.S. Equity Index ETF during the 2nd quarter valued at $254,000. Envestnet Asset Management Inc. acquired a new stake in Franklin U.S. Equity Index ETF during the 2nd quarter valued at $704,000. Park Avenue Securities LLC bought a new position in Franklin U.S. Equity Index ETF during the second quarter worth $1,280,000. Finally, Jane Street Group LLC increased its holdings in shares of Franklin U.S. Equity Index ETF by 160.2% in the first quarter. Jane Street Group LLC now owns 42,557 shares of the company’s stock valued at $2,085,000 after purchasing an additional 26,203 shares during the last quarter.

Franklin U.S. Equity Index ETF Price Performance

Shares of USPX opened at $60.33 on Tuesday. The company’s 50-day moving average is $59.60 and its 200-day moving average is $57.42. The firm has a market capitalization of $1.64 billion, a PE ratio of 25.39 and a beta of 0.92. Franklin U.S. Equity Index ETF has a fifty-two week low of $42.40 and a fifty-two week high of $61.19.

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).