Bank of New York Mellon Corp Buys 94,458 Shares of Franklin U.S. Equity Index ETF $USPX

Bank of New York Mellon Corp grew its position in shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 7.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,411,314 shares of the company’s stock after acquiring an additional 94,458 shares during the quarter. Bank of New York Mellon Corp owned 4.85% of Franklin U.S. Equity Index ETF worth $80,261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new position in shares of Franklin U.S. Equity Index ETF during the 4th quarter valued at approximately $35,000. O Shaughnessy Asset Management LLC bought a new position in Franklin U.S. Equity Index ETF during the fourth quarter valued at $46,000. Larson Financial Group LLC purchased a new stake in Franklin U.S. Equity Index ETF in the fourth quarter worth $106,000. Bank of America Corp DE raised its stake in shares of Franklin U.S. Equity Index ETF by 19.9% in the second quarter. Bank of America Corp DE now owns 2,736 shares of the company’s stock valued at $149,000 after buying an additional 455 shares during the period. Finally, Bogart Wealth LLC purchased a new position in shares of Franklin U.S. Equity Index ETF during the 4th quarter valued at $152,000.

Franklin U.S. Equity Index ETF Stock Performance

Shares of Franklin U.S. Equity Index ETF stock opened at $65.43 on Wednesday. The stock’s 50-day simple moving average is $65.17 and its 200 day simple moving average is $61.83. Franklin U.S. Equity Index ETF has a 52-week low of $54.61 and a 52-week high of $66.51. The stock has a market capitalization of $2.00 billion, a P/E ratio of 25.39 and a beta of 0.93.

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).