Franklin U.S. Equity Index ETF (NYSEARCA:USPX) Sets New 52-Week High – Here’s What Happened

Franklin U.S. Equity Index ETF (NYSEARCA:USPX)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $70.07 and last traded at $70.07, with a volume of 124 shares traded. The stock had previously closed at $64.65.

Franklin U.S. Equity Index ETF Stock Down 0.7%

The firm has a market cap of $1.96 billion, a PE ratio of 25.39 and a beta of 0.93. The business has a 50-day moving average price of $65.18 and a two-hundred day moving average price of $61.99.

Institutional Investors Weigh In On Franklin U.S. Equity Index ETF

Several large investors have recently bought and sold shares of the stock. Jane Street Group LLC raised its position in Franklin U.S. Equity Index ETF by 160.2% in the 1st 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 in the last quarter. Cetera Investment Advisers acquired a new position in shares of Franklin U.S. Equity Index ETF during the second quarter worth about $254,000. Bank of America Corp DE increased its stake in shares of Franklin U.S. Equity Index ETF by 19.9% during the second quarter. Bank of America Corp DE now owns 2,736 shares of the company’s stock worth $149,000 after buying an additional 455 shares during the period. Citadel Advisors LLC purchased a new position in Franklin U.S. Equity Index ETF in the third quarter valued at $1,912,000. Finally, Sanctuary Advisors LLC increased its holdings in Franklin U.S. Equity Index ETF by 4.0% in the fourth quarter. Sanctuary Advisors LLC now owns 1,986,959 shares of the company’s stock valued at $118,780,000 after buying an additional 75,801 shares during the last quarter.

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).