JPMorgan Chase & Co. cut its stake in Franklin U.S. Equity Index ETF (NYSEARCA:USPX – Free Report) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,912 shares of the company’s stock after selling 17,858 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.28% of Franklin U.S. Equity Index ETF worth $15,524,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of USPX. Sanctuary Advisors LLC bought a new position in shares of Franklin U.S. Equity Index ETF in the second quarter valued at about $85,695,000. Park Avenue Securities LLC grew its stake in shares of Franklin U.S. Equity Index ETF by 86.1% in the third quarter. Park Avenue Securities LLC now owns 20,130 shares of the company’s stock valued at $1,012,000 after acquiring an additional 9,313 shares in the last quarter. IronBridge Private Wealth LLC acquired a new position in shares of Franklin U.S. Equity Index ETF in the third quarter valued at about $261,000. Finally, Jane Street Group LLC grew its stake in shares of Franklin U.S. Equity Index ETF by 587.0% in the third quarter. Jane Street Group LLC now owns 31,994 shares of the company’s stock valued at $1,608,000 after acquiring an additional 27,337 shares in the last quarter.
Franklin U.S. Equity Index ETF Stock Performance
USPX stock opened at $50.83 on Friday. The company’s 50-day simple moving average is $52.25 and its 200 day simple moving average is $50.07. Franklin U.S. Equity Index ETF has a 52 week low of $41.23 and a 52 week high of $53.56. The company has a market capitalization of $1.23 billion, a PE ratio of 25.97 and a beta of 1.02.
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).
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