Franklin U.S. Equity Index ETF (NYSEARCA:USPX) Reaches New 1-Year High at $47.99

Franklin U.S. Equity Index ETF (NYSEARCA:USPX) reached a new 52-week high during trading on Thursday . The stock traded as high as $47.99 and last traded at $47.78, with a volume of 745 shares traded. The stock had previously closed at $47.79.

Franklin U.S. Equity Index ETF Stock Performance

The stock has a market cap of $1.16 billion, a P/E ratio of 25.97 and a beta of 1.02. The firm’s 50 day moving average is $46.02 and its 200 day moving average is $44.35.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Franklin U.S. Equity Index ETF stock. Franklin Resources Inc. increased its position in shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,925,983 shares of the company’s stock after acquiring an additional 1,493,880 shares during the quarter. Franklin Resources Inc. owned about 92.46% of Franklin U.S. Equity Index ETF worth $829,314,000 as of its most recent SEC filing.

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).