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

Franklin U.S. Equity Index ETF (NYSEARCA:USPX) saw unusually-high trading volume on Thursday . Approximately 193,889 shares changed hands during mid-day 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 Up 0.1 %

The business has a 50 day simple moving average of $44.08 and a 200 day simple moving average of $40.95. The company has a market capitalization of $988.71 million, a PE ratio of 21.29 and a beta of 0.85.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. LPL Financial LLC purchased a new position in shares of Franklin U.S. Equity Index ETF in the third quarter worth about $380,000. GTS Securities LLC acquired a new stake in Franklin U.S. Equity Index ETF in the third quarter valued at approximately $401,000. OLD Mission Capital LLC grew its holdings in Franklin U.S. Equity Index ETF by 81.4% in the fourth quarter. OLD Mission Capital LLC now owns 11,413 shares of the company’s stock valued at $475,000 after purchasing an additional 5,122 shares during the period. Susquehanna International Group LLP acquired a new stake in Franklin U.S. Equity Index ETF in the first quarter valued at approximately $415,000. Finally, Advisor Group Holdings Inc. acquired a new stake in Franklin U.S. Equity Index ETF in the fourth quarter valued at approximately $453,000.

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).