Sanctuary Advisors LLC raised its stake in Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Free Report) by 7.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,140,419 shares of the company’s stock after purchasing an additional 153,460 shares during the quarter. Franklin U.S. Equity Index ETF comprises about 0.7% of Sanctuary Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. Sanctuary Advisors LLC owned 7.36% of Franklin U.S. Equity Index ETF worth $121,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently modified their holdings of USPX. Kestra Advisory Services LLC acquired a new position in Franklin U.S. Equity Index ETF during the 4th quarter worth approximately $35,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of Franklin U.S. Equity Index ETF during the fourth quarter valued at approximately $46,000. Larson Financial Group LLC purchased a new stake in shares of Franklin U.S. Equity Index ETF during the fourth quarter valued at approximately $106,000. Bank of America Corp DE raised its stake in shares of Franklin U.S. Equity Index ETF by 19.9% during the second quarter. Bank of America Corp DE now owns 2,736 shares of the company’s stock valued at $149,000 after purchasing an additional 455 shares during the period. Finally, Bogart Wealth LLC acquired a new position in shares of Franklin U.S. Equity Index ETF during the fourth quarter worth $152,000.
Franklin U.S. Equity Index ETF Trading Up 0.4%
Shares of USPX stock opened at $65.74 on Wednesday. The company has a market capitalization of $2.00 billion, a PE ratio of 25.39 and a beta of 0.93. The firm has a fifty day simple moving average of $65.06 and a 200-day simple moving average of $61.65. Franklin U.S. Equity Index ETF has a twelve month low of $54.51 and a twelve month high of $66.51.
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).
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