Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Trading Up 20.9% – Time to Buy?

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) rose 20.9% during mid-day trading on Wednesday . The stock traded as high as $30.81 and last traded at $36.99. Approximately 595,687 shares traded hands during mid-day trading, an increase of 21% from the average daily volume of 493,054 shares. The stock had previously closed at $30.59.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

The firm has a market capitalization of $3.14 billion, a P/E ratio of 11.36 and a beta of 0.45. The firm has a 50 day moving average price of $36.46 and a two-hundred day moving average price of $34.97.

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

Institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its holdings 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 worth $58,740,000 after buying an additional 73,179 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Franklin International Low Volatility High Dividend Index ETF by 154.7% in the second quarter. Janney Montgomery Scott LLC now owns 303,245 shares of the company’s stock worth $9,871,000 after acquiring an additional 184,206 shares in the last quarter. Ethos Financial Group LLC raised its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 2.8% during the third quarter. Ethos Financial Group LLC now owns 131,480 shares of the company’s stock valued at $4,569,000 after acquiring an additional 3,582 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Franklin International Low Volatility High Dividend Index ETF during the second quarter valued at approximately $4,159,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Franklin International Low Volatility High Dividend Index ETF by 2,200.3% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 61,994 shares of the company’s stock valued at $2,018,000 after acquiring an additional 59,299 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.