Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Get Free Report) saw strong trading volume on Friday. Approximately 1,192,360 shares traded hands during trading, an increase of 1,299% from the average daily volume of 85,225 shares. The stock last traded at $65.7950 and had previously closed at $66.15.
Franklin U.S. Equity Index ETF Stock Performance
The business has a 50-day moving average of $66.86 and a 200 day moving average of $63.96. The stock has a market cap of $2.04 billion, a PE ratio of 23.77 and a beta of 0.94.
Institutional Investors Weigh In On Franklin U.S. Equity Index ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC increased its stake in shares of Franklin U.S. Equity Index ETF by 76.7% during the 3rd quarter. CoreCap Advisors LLC now owns 1,002 shares of the company’s stock valued at $67,000 after acquiring an additional 435 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of Franklin U.S. Equity Index ETF in the third quarter worth approximately $36,000. TOWER TRUST & INVESTMENT Co acquired a new stake in shares of Franklin U.S. Equity Index ETF in the second quarter worth approximately $82,000. Cetera Investment Advisers boosted its position in shares of Franklin U.S. Equity Index ETF by 26.9% in the first quarter. Cetera Investment Advisers now owns 16,359 shares of the company’s stock worth $930,000 after acquiring an additional 3,466 shares during the last quarter. Finally, Second Line Capital LLC purchased a new stake in Franklin U.S. Equity Index ETF in the second quarter valued at approximately $325,000.
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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