Osaic Holdings Inc. Has $1.84 Million Stock Position in Franklin U.S. Equity Index ETF $USPX

Osaic Holdings Inc. increased its holdings in shares of Franklin U.S. Equity Index ETF (NYSEARCA:USPX) by 708.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 33,874 shares of the company’s stock after buying an additional 29,686 shares during the quarter. Osaic Holdings Inc. owned 0.15% of Franklin U.S. Equity Index ETF worth $1,841,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of USPX. Bank of America Corp DE lifted its holdings 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 worth $149,000 after acquiring an additional 455 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Franklin U.S. Equity Index ETF during the 2nd quarter valued at approximately $254,000. Envestnet Asset Management Inc. acquired a new position in Franklin U.S. Equity Index ETF during the 2nd quarter worth approximately $704,000. Park Avenue Securities LLC bought a new position in Franklin U.S. Equity Index ETF in the 2nd quarter valued at approximately $1,280,000. Finally, Jane Street Group LLC lifted its stake in Franklin U.S. Equity Index ETF by 160.2% in the 1st quarter. Jane Street Group LLC now owns 42,557 shares of the company’s stock valued at $2,085,000 after purchasing an additional 26,203 shares during the last quarter.

Franklin U.S. Equity Index ETF Stock Performance

NYSEARCA USPX opened at $60.33 on Tuesday. The firm’s fifty day moving average price is $59.60 and its two-hundred day moving average price is $57.42. The stock has a market cap of $1.64 billion, a PE ratio of 25.39 and a beta of 0.92. Franklin U.S. Equity Index ETF has a fifty-two week low of $42.40 and a fifty-two week high of $61.19.

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).