Sanctuary Advisors LLC Acquires Shares of 1,921,421 Franklin U.S. Equity Index ETF (NYSEARCA:USPX)

Sanctuary Advisors LLC acquired a new stake in shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,921,421 shares of the company’s stock, valued at approximately $85,695,000. Franklin U.S. Equity Index ETF accounts for 0.6% of Sanctuary Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Sanctuary Advisors LLC owned 7.94% of Franklin U.S. Equity Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Bank of New York Mellon Corp raised its holdings in shares of Franklin U.S. Equity Index ETF by 10.9% in the second quarter. Bank of New York Mellon Corp now owns 1,266,906 shares of the company’s stock worth $60,370,000 after buying an additional 124,376 shares during the period.

Franklin U.S. Equity Index ETF Stock Down 0.9 %

Shares of NYSEARCA:USPX opened at $49.80 on Wednesday. Franklin U.S. Equity Index ETF has a 52-week low of $35.77 and a 52-week high of $50.35. The stock has a market cap of $1.21 billion, a P/E ratio of 25.97 and a beta of 1.02. The business’s 50 day moving average is $48.39 and its 200 day moving average is $47.07.

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).