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

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $42.65 and last traded at $42.53, with a volume of 44381 shares traded. The stock had previously closed at $42.45.

Franklin International Low Volatility High Dividend Index ETF Trading Up 0.6%

The stock’s 50 day moving average is $41.16 and its 200 day moving average is $40.39. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. lifted its stake in Franklin International Low Volatility High Dividend Index ETF by 50.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,617,080 shares of the company’s stock valued at $52,639,000 after buying an additional 543,539 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Franklin International Low Volatility High Dividend Index ETF by 64.2% during the first quarter. Janney Montgomery Scott LLC now owns 437,681 shares of the company’s stock worth $17,744,000 after buying an additional 171,132 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 268.5% in the fourth quarter. JPMorgan Chase & Co. now owns 138,576 shares of the company’s stock worth $5,102,000 after acquiring an additional 100,974 shares during the last quarter. Ethos Financial Group LLC raised its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 27.2% in the first 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 during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Franklin International Low Volatility High Dividend Index ETF by 275.7% in the fourth quarter. Farther Finance Advisors LLC now owns 36,410 shares of the company’s stock valued at $1,341,000 after acquiring an additional 26,718 shares in the last quarter.

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.