Franklin Resources Inc. boosted its position in shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Free Report) by 3.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,551,365 shares of the company’s stock after purchasing an additional 401,364 shares during the period. Franklin Resources Inc. owned approximately 0.41% of Franklin U.S. Equity Index ETF worth $690,538,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC purchased a new stake in shares of Franklin U.S. Equity Index ETF in the 4th quarter valued at approximately $46,000. Huntington National Bank acquired a new position in Franklin U.S. Equity Index ETF in the third quarter valued at approximately $53,000. Larson Financial Group LLC acquired a new position in Franklin U.S. Equity Index ETF in the fourth quarter valued at approximately $106,000. Bank of America Corp DE grew its position in Franklin U.S. Equity Index ETF by 19.9% in the second 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. Finally, Bogart Wealth LLC purchased a new position in Franklin U.S. Equity Index ETF in the fourth quarter worth approximately $152,000.
Franklin U.S. Equity Index ETF Stock Up 0.2%
USPX stock opened at $64.69 on Tuesday. Franklin U.S. Equity Index ETF has a 52-week low of $52.11 and a 52-week high of $66.51. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 25.39 and a beta of 0.92. The business has a fifty day moving average of $62.44 and a two-hundred day moving average of $60.66.
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).
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