Bank of New York Mellon Corp Sells 25,242 Shares of Franklin U.S. Equity Index ETF $USPX

Bank of New York Mellon Corp trimmed its position in Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 2.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,142,856 shares of the company’s stock after selling 25,242 shares during the period. Bank of New York Mellon Corp owned approximately 4.92% of Franklin U.S. Equity Index ETF worth $62,130,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the business. LPL Financial LLC lifted its stake in shares of Franklin U.S. Equity Index ETF by 113.3% during the first quarter. LPL Financial LLC now owns 167,190 shares of the company’s stock worth $8,190,000 after buying an additional 88,815 shares during the period. Jane Street Group LLC grew its stake in shares of Franklin U.S. Equity Index ETF by 160.2% during the 1st quarter. Jane Street Group LLC now owns 42,557 shares of the company’s stock worth $2,085,000 after purchasing an additional 26,203 shares during the period. Park Avenue Securities LLC purchased a new stake in Franklin U.S. Equity Index ETF during the second quarter worth $1,280,000. Atria Investments Inc grew its position in shares of Franklin U.S. Equity Index ETF by 6.6% during the 1st quarter. Atria Investments Inc now owns 280,866 shares of the company’s stock valued at $13,758,000 after acquiring an additional 17,274 shares during the period. Finally, Envestnet Asset Management Inc. acquired a new stake in Franklin U.S. Equity Index ETF in the second quarter valued at approximately $704,000.

Franklin U.S. Equity Index ETF Stock Performance

Shares of NYSEARCA USPX opened at $58.98 on Monday. The firm has a fifty day moving average of $58.47 and a 200 day moving average of $55.22. Franklin U.S. Equity Index ETF has a one year low of $42.40 and a one year high of $60.56. The firm has a market cap of $1.60 billion, a PE ratio of 25.39 and a beta of 0.92.

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).