Franklin U.S. Equity Index ETF (NYSEARCA:USPX) Hits New 1-Year High at $47.55

Franklin U.S. Equity Index ETF (NYSEARCA:USPXGet Free Report) shares reached a new 52-week high on Monday . The company traded as high as $47.55 and last traded at $47.55, with a volume of 815 shares trading hands. The stock had previously closed at $47.45.

Franklin U.S. Equity Index ETF Stock Performance

The company has a market cap of $1.16 billion, a P/E ratio of 25.97 and a beta of 1.02. The firm’s fifty day moving average is $45.55 and its two-hundred day moving average is $43.95.

Institutional Trading of Franklin U.S. Equity Index ETF

An institutional investor recently raised its position in Franklin U.S. Equity Index ETF stock. Franklin Resources Inc. boosted its stake in Franklin U.S. Equity Index ETF (NYSEARCA:USPXFree Report) by 8.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,925,983 shares of the company’s stock after purchasing an additional 1,493,880 shares during the quarter. Franklin Resources Inc. owned about 92.46% of Franklin U.S. Equity Index ETF worth $829,314,000 as of its most recent SEC filing.

About Franklin U.S. Equity Index ETF

(Get Free Report)

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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