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:LVHI) hit a new 52-week high on Friday . The company traded as high as $43.13 and last traded at $42.85, with a volume of 71045 shares changing hands. The stock had previously closed at $42.82.

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

The stock has a market cap of $3.65 billion, a P/E ratio of 11.36 and a beta of 0.45. The business has a 50-day simple moving average of $41.34 and a 200-day simple moving average of $40.65.

Institutional Trading of Franklin International Low Volatility High Dividend Index ETF

Several large investors have recently modified their holdings of LVHI. Thurston Springer Miller Herd & Titak Inc. grew its stake in Franklin International Low Volatility High Dividend Index ETF by 20.2% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 41,331 shares of the company’s stock valued at $1,677,000 after buying an additional 6,942 shares during the last quarter. Rathbones Group PLC grew its holdings in Franklin International Low Volatility High Dividend Index ETF by 3.7% in the 1st quarter. Rathbones Group PLC now owns 14,381 shares of the company’s stock valued at $583,000 after buying an additional 514 shares during the last quarter. Stillwater Private Wealth LLC acquired a new stake in Franklin International Low Volatility High Dividend Index ETF in the 1st quarter valued at approximately $577,000. Parallel Advisors LLC increased its position in 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 buying an additional 1,000 shares during the period. Finally, Arkadios Wealth Advisors increased its position in Franklin International Low Volatility High Dividend Index ETF by 74.0% in the 1st quarter. Arkadios Wealth Advisors now owns 52,179 shares of the company’s stock worth $2,115,000 after buying an additional 22,187 shares during the period.

About Franklin International Low Volatility High Dividend Index ETF

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.