Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Stock Breaks Above Two Hundred Day Moving Average – What’s Next?

Shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $42.46 and traded as high as $43.37. Franklin International Core Dividend Tilt Index ETF shares last traded at $43.37, with a volume of 185,005 shares trading hands.

Franklin International Core Dividend Tilt Index ETF Stock Up 2.7%

The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 14.82 and a beta of 0.70. The firm has a 50-day moving average of $43.10 and a two-hundred day moving average of $42.46.

Hedge Funds Weigh In On Franklin International Core Dividend Tilt Index ETF

A number of large investors have recently made changes to their positions in the business. Lido Advisors LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 7.2% during the 3rd quarter. Lido Advisors LLC now owns 23,457 shares of the company’s stock valued at $1,001,000 after buying an additional 1,581 shares during the last quarter. Cornerstone Wealth Management LLC raised its position in Franklin International Core Dividend Tilt Index ETF by 18.1% during the third quarter. Cornerstone Wealth Management LLC now owns 42,129 shares of the company’s stock valued at $1,797,000 after acquiring an additional 6,446 shares in the last quarter. Joseph Group Capital Management raised its position in Franklin International Core Dividend Tilt Index ETF by 0.5% during the third quarter. Joseph Group Capital Management now owns 174,424 shares of the company’s stock valued at $7,441,000 after acquiring an additional 869 shares in the last quarter. Avantax Planning Partners Inc. lifted its stake in Franklin International Core Dividend Tilt Index ETF by 2.1% in the third quarter. Avantax Planning Partners Inc. now owns 19,388 shares of the company’s stock valued at $827,000 after acquiring an additional 391 shares during the last quarter. Finally, Henderson Brothers Financial Partners LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 109.2% in the third quarter. Henderson Brothers Financial Partners LLC now owns 112,433 shares of the company’s stock valued at $4,796,000 after acquiring an additional 58,686 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Company Profile

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.