Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Reaches New 1-Year High – Time to Buy?

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI)’s stock price reached 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 trading hands. The stock had previously closed at $42.82.

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

The company has a fifty day simple moving average of $41.34 and a 200-day simple moving average of $40.65. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45.

Institutional Investors Weigh In On Franklin International Low Volatility High Dividend Index ETF

A number of institutional investors have recently modified their holdings of LVHI. Torren Management LLC bought a new stake in Franklin International Low Volatility High Dividend Index ETF in the first quarter worth approximately $33,000. Pinnacle Bancorp Inc. acquired a new stake in shares of Franklin International Low Volatility High Dividend Index ETF in the 4th quarter valued at $37,000. Parallel Advisors LLC boosted its holdings in Franklin International Low Volatility High Dividend Index ETF by 275.5% in the first quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock worth $55,000 after purchasing an additional 1,000 shares in the last quarter. Sound Income Strategies LLC acquired a new position in Franklin International Low Volatility High Dividend Index ETF during the first quarter worth $119,000. Finally, IFC & Insurance Marketing Inc. bought a new position in Franklin International Low Volatility High Dividend Index ETF during the fourth quarter valued at about $238,000.

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.