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

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) reached a new 52-week high on Tuesday . The company traded as high as $43.23 and last traded at $43.23, with a volume of 148 shares trading hands. The stock had previously closed at $42.53.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.7%

The company’s 50-day moving average is $41.10 and its 200-day moving average is $40.27. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 14.82 and a beta of 0.69.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

A number of large investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 677.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after purchasing an additional 576 shares in the last quarter. CIBC Private Wealth Group LLC bought a new position in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter valued at approximately $29,000. Johnson Financial Group Inc. acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 1st quarter worth approximately $33,000. Fifth Third Bancorp bought a new stake in Franklin International Core Dividend Tilt Index ETF during the 3rd quarter worth approximately $32,000. Finally, Assetmark Inc. increased its holdings in Franklin International Core Dividend Tilt Index ETF by 950.0% during the 4th quarter. Assetmark Inc. now owns 945 shares of the company’s stock valued at $37,000 after purchasing an additional 855 shares in the last quarter.

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.