JPMorgan Chase & Co. decreased its position in shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Free Report) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 308,912 shares of the company’s stock after selling 17,858 shares during the quarter. JPMorgan Chase & Co.’s holdings in Franklin U.S. Equity Index ETF were worth $15,524,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in USPX. IronBridge Private Wealth LLC acquired a new stake in shares of Franklin U.S. Equity Index ETF during the 3rd quarter worth approximately $261,000. Park Avenue Securities LLC grew its position in shares of Franklin U.S. Equity Index ETF by 86.1% during the 3rd quarter. Park Avenue Securities LLC now owns 20,130 shares of the company’s stock worth $1,012,000 after buying an additional 9,313 shares during the period. Jane Street Group LLC grew its position in shares of Franklin U.S. Equity Index ETF by 587.0% during the 3rd quarter. Jane Street Group LLC now owns 31,994 shares of the company’s stock worth $1,608,000 after buying an additional 27,337 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Franklin U.S. Equity Index ETF during the 2nd quarter worth approximately $85,695,000.
Franklin U.S. Equity Index ETF Stock Down 2.0 %
Shares of USPX stock opened at $50.83 on Friday. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 25.97 and a beta of 1.02. Franklin U.S. Equity Index ETF has a 52 week low of $41.23 and a 52 week high of $53.56. The firm has a 50 day moving average of $52.25 and a 200-day moving average of $50.07.
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).
Read More
- Five stocks we like better than Franklin U.S. Equity Index ETF
- 5 Top Rated Dividend Stocks to Consider
- Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
- What is the Euro STOXX 50 Index?
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- Airline Stocks – Top Airline Stocks to Buy Now
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
Want to see what other hedge funds are holding USPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Free Report).
Receive News & Ratings for Franklin U.S. Equity Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Equity Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
