Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Sets New 52-Week High – Here’s Why

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $41.74 and last traded at $41.73, with a volume of 38459 shares. The stock had previously closed at $41.52.

Franklin International Low Volatility High Dividend Index ETF Trading Up 0.4%

The firm has a market cap of $3.55 billion, a PE ratio of 11.36 and a beta of 0.45. The business’s 50-day simple moving average is $40.92 and its 200 day simple moving average is $40.00.

Hedge Funds Weigh In On Franklin International Low Volatility High Dividend Index ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC lifted its holdings in Franklin International Low Volatility High Dividend Index ETF by 275.7% during the fourth quarter. Farther Finance Advisors LLC now owns 36,410 shares of the company’s stock worth $1,341,000 after buying an additional 26,718 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in Franklin International Low Volatility High Dividend Index ETF by 416.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 30,586 shares of the company’s stock valued at $1,126,000 after acquiring an additional 24,658 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 296.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,602 shares of the company’s stock valued at $1,307,000 after acquiring an additional 28,119 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 64.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 437,681 shares of the company’s stock valued at $17,744,000 after acquiring an additional 171,132 shares during the period. Finally, Nova Wealth Management Inc. raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 64.6% in the 4th quarter. Nova Wealth Management Inc. now owns 53,117 shares of the company’s stock worth $1,956,000 after acquiring an additional 20,843 shares in the last quarter.

Franklin International Low Volatility High Dividend Index ETF Company Profile

The Franklin International Low Volatility High Dividend Index ETF (LVHI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an all-cap index of developed ex-US stocks, selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHI was launched on Jul 27, 2016 and is managed by Franklin Templeton.