Franklin U.S. Equity Index ETF (NYSEARCA:USPX) Sees Unusually-High Trading Volume

Franklin U.S. Equity Index ETF (NYSEARCA:USPX) saw unusually-strong trading volume on Thursday . Approximately 193,889 shares were traded during trading, an increase of 199% from the previous session’s volume of 64,898 shares.The stock last traded at $45.90 and had previously closed at $45.82.

Franklin U.S. Equity Index ETF Stock Performance

The firm has a fifty day moving average price of $44.08 and a 200 day moving average price of $40.95. The stock has a market cap of $988.71 million, a PE ratio of 21.29 and a beta of 0.85.

Hedge Funds Weigh In On Franklin U.S. Equity Index ETF

Hedge funds have recently made changes to their positions in the company. Atria Investments Inc increased its position in shares of Franklin U.S. Equity Index ETF by 332.1% in the 3rd quarter. Atria Investments Inc now owns 306,231 shares of the company’s stock valued at $11,453,000 after acquiring an additional 235,367 shares during the period. Bank of New York Mellon Corp grew its position in shares of Franklin U.S. Equity Index ETF by 12.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,168,502 shares of the company’s stock valued at $43,701,000 after acquiring an additional 132,675 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Franklin U.S. Equity Index ETF during the 4th quarter valued at about $1,932,000. Jane Street Group LLC purchased a new position in Franklin U.S. Equity Index ETF in the 4th quarter valued at about $943,000. Finally, GTS Securities LLC lifted its stake in Franklin U.S. Equity Index ETF by 43.3% in the 4th quarter. GTS Securities LLC now owns 15,359 shares of the company’s stock valued at $639,000 after buying an additional 4,642 shares in the last quarter.

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).