Franklin U.S. Equity Index ETF (NYSEARCA:USPX) Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC lifted its position in Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 86.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,130 shares of the company’s stock after purchasing an additional 9,313 shares during the period. Park Avenue Securities LLC owned about 0.08% of Franklin U.S. Equity Index ETF worth $1,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Bank of New York Mellon Corp grew its position in shares of Franklin U.S. Equity Index ETF by 10.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,266,906 shares of the company’s stock valued at $60,370,000 after acquiring an additional 124,376 shares during the period.

Franklin U.S. Equity Index ETF Stock Up 1.0 %

Shares of Franklin U.S. Equity Index ETF stock opened at $50.20 on Wednesday. The firm has a market cap of $1.21 billion, a PE ratio of 25.97 and a beta of 1.02. The business has a 50-day moving average price of $48.63 and a 200 day moving average price of $47.22. Franklin U.S. Equity Index ETF has a twelve month low of $35.77 and a twelve month high of $50.35.

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).