Franklin U.S. Equity Index ETF $USPX is Sequent Planning LLC’s 2nd Largest Position

Sequent Planning LLC raised its holdings in Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 15.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 373,851 shares of the company’s stock after acquiring an additional 50,573 shares during the quarter. Franklin U.S. Equity Index ETF makes up 5.1% of Sequent Planning LLC’s holdings, making the stock its 2nd largest holding. Sequent Planning LLC’s holdings in Franklin U.S. Equity Index ETF were worth $21,261,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Franklin Resources Inc. boosted its stake in shares of Franklin U.S. Equity Index ETF by 30.9% during the third quarter. Franklin Resources Inc. now owns 11,150,001 shares of the company’s stock valued at $653,164,000 after purchasing an additional 2,634,653 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of 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 worth $118,780,000 after purchasing an additional 75,801 shares during the last quarter. Citadel Advisors LLC purchased a new position in Franklin U.S. Equity Index ETF in the 3rd quarter worth about $1,912,000. Atria Investments Inc increased its stake in Franklin U.S. Equity Index ETF by 68.4% in the 4th quarter. Atria Investments Inc now owns 71,483 shares of the company’s stock worth $4,273,000 after buying an additional 29,037 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Franklin U.S. Equity Index ETF by 6.4% during the 4th quarter. JPMorgan Chase & Co. now owns 459,094 shares of the company’s stock valued at $27,445,000 after buying an additional 27,413 shares in the last quarter.

Franklin U.S. Equity Index ETF Price Performance

Franklin U.S. Equity Index ETF stock opened at $63.92 on Friday. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 25.39 and a beta of 0.92. Franklin U.S. Equity Index ETF has a 1 year low of $53.67 and a 1 year high of $66.51. The firm has a 50-day moving average of $64.29 and a two-hundred day moving average of $61.18.

Franklin U.S. Equity Index ETF 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).