Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Reaches New 12-Month High – Here’s Why

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) shares hit a new 52-week high during trading on Monday . The stock traded as high as $40.08 and last traded at $40.1050, with a volume of 396759 shares trading hands. The stock had previously closed at $39.98.

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

The firm has a 50 day simple moving average of $37.38 and a two-hundred day simple moving average of $35.85. The stock has a market capitalization of $3.41 billion, a P/E ratio of 11.36 and a beta of 0.45.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Thoroughbred Financial Services LLC lifted its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 0.5% in the third quarter. Thoroughbred Financial Services LLC now owns 60,640 shares of the company’s stock worth $2,107,000 after acquiring an additional 297 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Franklin International Low Volatility High Dividend Index ETF by 104.2% in the third quarter. EverSource Wealth Advisors LLC now owns 968 shares of the company’s stock valued at $34,000 after buying an additional 494 shares in the last quarter. Strategic Blueprint LLC boosted its position in Franklin International Low Volatility High Dividend Index ETF by 7.6% in the fourth quarter. Strategic Blueprint LLC now owns 10,819 shares of the company’s stock valued at $398,000 after buying an additional 760 shares in the last quarter. Pinnacle Bancorp Inc. acquired a new position in shares of Franklin International Low Volatility High Dividend Index ETF during the fourth quarter worth $37,000. Finally, Arkadios Wealth Advisors boosted its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 11.3% during the 2nd quarter. Arkadios Wealth Advisors now owns 12,793 shares of the company’s stock valued at $416,000 after acquiring an additional 1,302 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.