Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Sets New 52-Week High – Should You Buy?

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) reached a new 52-week high during trading on Tuesday . The stock traded as high as $43.19 and last traded at $43.09, with a volume of 48005 shares traded. The stock had previously closed at $43.08.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

The company’s fifty day moving average price is $41.88 and its 200-day moving average price is $41.05. The stock has a market cap of $3.67 billion, a P/E ratio of 11.36 and a beta of 0.45.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 4.5% during the third quarter. Ameriprise Financial Inc. now owns 1,690,259 shares of the company’s stock valued at $58,740,000 after buying an additional 73,179 shares during the period. Janney Montgomery Scott LLC lifted its stake in Franklin International Low Volatility High Dividend Index ETF by 64.2% in the first quarter. Janney Montgomery Scott LLC now owns 437,681 shares of the company’s stock worth $17,744,000 after acquiring an additional 171,132 shares during the period. Cedar Mountain Advisors LLC grew its holdings in Franklin International Low Volatility High Dividend Index ETF by 0.3% during the 4th quarter. Cedar Mountain Advisors LLC now owns 337,224 shares of the company’s stock worth $12,417,000 after acquiring an additional 1,062 shares in the last quarter. Ethos Financial Group LLC grew its holdings in Franklin International Low Volatility High Dividend Index ETF by 27.2% during the 1st quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock worth $6,951,000 after acquiring an additional 36,685 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Franklin International Low Volatility High Dividend Index ETF by 268.5% during the 4th quarter. JPMorgan Chase & Co. now owns 138,576 shares of the company’s stock valued at $5,102,000 after purchasing an additional 100,974 shares during the period.

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.