Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Shares Up 0.5% – What’s Next?

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) shares rose 0.5% during trading on Wednesday . The stock traded as high as $41.19 and last traded at $41.19. Approximately 777,896 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 788,156 shares. The stock had previously closed at $40.97.

Franklin International Low Volatility High Dividend Index ETF Trading Up 0.5%

The company has a market cap of $3.50 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. The firm has a 50-day moving average price of $40.40 and a 200 day moving average price of $38.58.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its position in Franklin International Low Volatility High Dividend Index ETF by 4.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,690,259 shares of the company’s stock valued at $58,740,000 after purchasing an additional 73,179 shares during the period. Janney Montgomery Scott LLC boosted its position in Franklin International Low Volatility High Dividend Index ETF by 64.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 437,681 shares of the company’s stock valued at $17,744,000 after purchasing an additional 171,132 shares during the period. Cedar Mountain Advisors LLC boosted its position in Franklin International Low Volatility High Dividend Index ETF by 0.3% during the 4th quarter. Cedar Mountain Advisors LLC now owns 337,224 shares of the company’s stock valued at $12,417,000 after purchasing an additional 1,062 shares during the period. Ethos Financial Group LLC boosted its position in Franklin International Low Volatility High Dividend Index ETF by 27.2% during the 1st quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock valued at $6,951,000 after purchasing an additional 36,685 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Franklin International Low Volatility High Dividend Index ETF by 268.5% during the 4th quarter. JPMorgan Chase & Co. now owns 138,576 shares of the company’s stock valued at $5,102,000 after purchasing an additional 100,974 shares during the period.

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.