OLD Mission Capital LLC Purchases 4,728 Shares of Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM)

OLD Mission Capital LLC increased its holdings in shares of Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,072 shares of the company’s stock after acquiring an additional 4,728 shares during the period. OLD Mission Capital LLC owned about 23.21% of Franklin Emerging Market Core Dividend Tilt Index ETF worth $3,079,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Franklin Emerging Market Core Dividend Tilt Index ETF by 23.7% in the 4th quarter. JPMorgan Chase & Co. now owns 8,062 shares of the company’s stock valued at $214,000 after purchasing an additional 1,546 shares during the period. LPL Financial LLC boosted its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 64.5% in the 4th quarter. LPL Financial LLC now owns 47,111 shares of the company’s stock valued at $1,250,000 after buying an additional 18,480 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Franklin Emerging Market Core Dividend Tilt Index ETF in the fourth quarter valued at $284,000. Finally, Sanctuary Advisors LLC raised its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 3.3% during the fourth quarter. Sanctuary Advisors LLC now owns 18,549 shares of the company’s stock worth $501,000 after acquiring an additional 598 shares in the last quarter.

Franklin Emerging Market Core Dividend Tilt Index ETF Stock Performance

Shares of NYSEARCA DIEM opened at $27.24 on Wednesday. The business has a fifty day moving average of $27.24 and a two-hundred day moving average of $27.28. Franklin Emerging Market Core Dividend Tilt Index ETF has a 52-week low of $24.89 and a 52-week high of $29.90. The stock has a market cap of $13.62 million, a PE ratio of 11.32 and a beta of 0.74.

Franklin Emerging Market Core Dividend Tilt Index ETF Profile

Under normal market conditions, 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® Emerging Markets Target Market Exposure Index (Parent 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.