Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Sets New 12-Month High – What’s Next?

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

Franklin International Low Volatility High Dividend Index ETF Stock Up 0.8%

The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. The stock has a fifty day moving average price of $41.06 and a 200-day moving average price of $40.24.

Hedge Funds Weigh In On Franklin International Low Volatility High Dividend Index ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of LVHI. Ameriprise Financial Inc. raised its holdings in Franklin International Low Volatility High Dividend Index ETF by 50.6% during the second quarter. Ameriprise Financial Inc. now owns 1,617,080 shares of the company’s stock worth $52,639,000 after purchasing an additional 543,539 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Franklin International Low Volatility High Dividend Index ETF by 64.2% in the first 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. JPMorgan Chase & Co. boosted its holdings in Franklin International Low Volatility High Dividend Index ETF by 268.5% in 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 in the last quarter. Ethos Financial Group LLC boosted its holdings 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 purchasing an additional 36,685 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Franklin International Low Volatility High Dividend Index ETF by 275.7% in the 4th 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 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.