BCS Wealth Management Takes Position in Franklin Emerging Market Core Dividend Tilt Index ETF $DIEM

BCS Wealth Management purchased a new stake in Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) in the first quarter, Holdings Channel reports. The firm purchased 12,711 shares of the company’s stock, valued at approximately $449,000.

Other hedge funds also recently added to or reduced their stakes in the company. Byrne Financial Freedom LLC grew its holdings in Franklin Emerging Market Core Dividend Tilt Index ETF by 0.9% during the 4th quarter. Byrne Financial Freedom LLC now owns 101,986 shares of the company’s stock worth $3,428,000 after acquiring an additional 867 shares in the last quarter. Sanctuary Advisors LLC raised its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 4.6% in the fourth quarter. Sanctuary Advisors LLC now owns 20,608 shares of the company’s stock worth $693,000 after buying an additional 898 shares in the last quarter. Capital Analysts LLC lifted its holdings in Franklin Emerging Market Core Dividend Tilt Index ETF by 40.7% during the fourth quarter. Capital Analysts LLC now owns 3,276 shares of the company’s stock worth $110,000 after buying an additional 947 shares during the period. Sequent Planning LLC lifted its holdings in Franklin Emerging Market Core Dividend Tilt Index ETF by 36.3% during the fourth quarter. Sequent Planning LLC now owns 18,443 shares of the company’s stock worth $620,000 after buying an additional 4,913 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its position in Franklin Emerging Market Core Dividend Tilt Index ETF by 62.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 15,670 shares of the company’s stock valued at $527,000 after acquiring an additional 6,031 shares in the last quarter.

Franklin Emerging Market Core Dividend Tilt Index ETF Trading Down 0.6%

Shares of NYSEARCA:DIEM opened at $43.33 on Thursday. Franklin Emerging Market Core Dividend Tilt Index ETF has a 12-month low of $29.78 and a 12-month high of $46.58. The business’s fifty day simple moving average is $41.83 and its 200-day simple moving average is $37.84. The company has a market capitalization of $56.33 million, a PE ratio of 11.48 and a beta of 0.71.

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.