Park Avenue Securities LLC Purchases 493 Shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX)

Park Avenue Securities LLC boosted its position in Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,623 shares of the company’s stock after acquiring an additional 493 shares during the quarter. Park Avenue Securities LLC owned 0.09% of Franklin U.S. Equity Index ETF worth $1,059,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new stake in Franklin U.S. Equity Index ETF during the second quarter valued at about $85,695,000. IronBridge Private Wealth LLC purchased a new stake in Franklin U.S. Equity Index ETF during the third quarter valued at about $261,000. Finally, Jane Street Group LLC boosted its position in Franklin U.S. Equity Index ETF by 587.0% during the third quarter. Jane Street Group LLC now owns 31,994 shares of the company’s stock valued at $1,608,000 after buying an additional 27,337 shares during the period.

Franklin U.S. Equity Index ETF Stock Up 1.1 %

NYSEARCA USPX opened at $52.49 on Tuesday. The company has a 50-day simple moving average of $52.29 and a two-hundred day simple moving average of $50.29. Franklin U.S. Equity Index ETF has a 12-month low of $41.43 and a 12-month high of $53.56. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 25.97 and a beta of 1.02.

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).