Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Hits New 12-Month High – Should You Buy?

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $42.65 and last traded at $42.53, with a volume of 44381 shares traded. The stock had previously closed at $42.45.

Franklin International Low Volatility High Dividend Index ETF Price Performance

The business has a fifty day moving average of $41.10 and a 200 day moving average of $40.32. The stock has a market cap of $3.62 billion, a PE ratio of 11.36 and a beta of 0.45.

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

A number of institutional investors have recently made changes to their positions in LVHI. Ameriprise Financial Inc. increased its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 50.6% in the second quarter. Ameriprise Financial Inc. now owns 1,617,080 shares of the company’s stock worth $52,639,000 after buying an additional 543,539 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake 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 acquiring an additional 171,132 shares during the last quarter. JPMorgan Chase & Co. boosted its stake 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 acquiring an additional 100,974 shares during the last quarter. Ethos Financial Group LLC boosted its stake 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 acquiring an additional 36,685 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Franklin International Low Volatility High Dividend Index ETF by 275.7% during the 4th quarter. Farther Finance Advisors LLC now owns 36,410 shares of the company’s stock worth $1,341,000 after acquiring 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.