Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Sets New 52-Week High – Should You Buy?

Shares of Franklin International Low Volatility High Dividend Index ETF (BATS:LVHIGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $43.19 and last traded at $43.09, with a volume of 48005 shares trading hands. The stock had previously closed at $43.08.

Franklin International Low Volatility High Dividend Index ETF Trading Up 0.2%

The company has a market cap of $3.67 billion, a P/E ratio of 11.36 and a beta of 0.45. The business’s 50 day simple moving average is $41.88 and its 200 day simple moving average is $41.05.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Torren Management LLC bought a new position in shares of Franklin International Low Volatility High Dividend Index ETF in the 1st quarter valued at about $33,000. Parallel Advisors LLC increased its stake in Franklin International Low Volatility High Dividend Index ETF by 275.5% during the first quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock worth $55,000 after acquiring an additional 1,000 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in Franklin International Low Volatility High Dividend Index ETF during the first quarter valued at approximately $119,000. IFC & Insurance Marketing Inc. purchased a new stake in Franklin International Low Volatility High Dividend Index ETF during the fourth quarter valued at approximately $238,000. Finally, Bank of New York Mellon Corp purchased a new stake in Franklin International Low Volatility High Dividend Index ETF during the first quarter valued at approximately $267,000.

Franklin International Low Volatility High Dividend Index ETF Company Profile

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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.

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