Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Hits New 52-Week High – Here’s What Happened

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $40.92 and last traded at $40.94, with a volume of 22890 shares changing hands. The stock had previously closed at $40.62.

Franklin International Core Dividend Tilt Index ETF Trading Up 0.5%

The company has a fifty day moving average of $38.99 and a 200-day moving average of $37.69. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 14.82 and a beta of 0.71.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

Large investors have recently made changes to their positions in the company. Sunbelt Securities Inc. raised its stake in Franklin International Core Dividend Tilt Index ETF by 677.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock valued at $25,000 after purchasing an additional 576 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the third quarter worth $29,000. Fifth Third Bancorp purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the third quarter worth $32,000. Assetmark Inc. raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 950.0% in the fourth quarter. Assetmark Inc. now owns 945 shares of the company’s stock valued at $37,000 after buying an additional 855 shares during the last quarter. Finally, Crewe Advisors LLC acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the second quarter valued at about $57,000.

About Franklin International Core Dividend Tilt Index ETF

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.