Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Reaches New 1-Year High – Here’s Why

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $41.91 and last traded at $41.88, with a volume of 62528 shares changing hands. The stock had previously closed at $41.62.

Franklin International Low Volatility High Dividend Index ETF Price Performance

The firm has a 50-day simple moving average of $41.01 and a 200 day simple moving average of $40.17. The company has a market capitalization of $3.57 billion, a PE ratio of 11.36 and a beta of 0.45.

Institutional Investors Weigh In On Franklin International Low Volatility High Dividend Index ETF

Hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 275.7% in the fourth quarter. Farther Finance Advisors LLC now owns 36,410 shares of the company’s stock valued at $1,341,000 after purchasing an additional 26,718 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Franklin International Low Volatility High Dividend Index ETF by 416.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 30,586 shares of the company’s stock worth $1,126,000 after buying an additional 24,658 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in 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 worth $1,307,000 after buying an additional 28,119 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in 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 buying an additional 171,132 shares during the last quarter. Finally, Ethos Financial Group LLC boosted its position in Franklin International Low Volatility High Dividend Index ETF by 27.2% in the 1st quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock valued at $6,951,000 after buying an additional 36,685 shares during the last quarter.

About Franklin International Low Volatility High Dividend Index ETF

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.