Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Reaches New 1-Year High – What’s Next?

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI)’s share price reached a new 52-week high during mid-day trading 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 Stock Down 0.3%

The firm has a market capitalization of $3.66 billion, a P/E ratio of 11.36 and a beta of 0.45. The company’s 50 day moving average is $41.97 and its 200-day moving average is $41.10.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Torren Management LLC bought a new stake in Franklin International Low Volatility High Dividend Index ETF in the 1st quarter valued at about $33,000. Parallel Advisors LLC lifted its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 275.5% in the 1st quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock worth $55,000 after purchasing an additional 1,000 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in Franklin International Low Volatility High Dividend Index ETF in the 1st quarter valued at $119,000. IFC & Insurance Marketing Inc. acquired a new stake in Franklin International Low Volatility High Dividend Index ETF in the 4th quarter valued at $238,000. Finally, Bank of New York Mellon Corp bought a new stake in Franklin International Low Volatility High Dividend Index ETF during the 1st quarter valued at $267,000.

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.