Indivisible Partners Purchases Shares of 15,762 Franklin Emerging Market Core Dividend Tilt Index ETF $DIEM

Indivisible Partners purchased a new stake in Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,762 shares of the company’s stock, valued at approximately $530,000.

Other hedge funds also recently made changes to their positions in the company. Sequent Planning LLC purchased a new position in shares of Franklin Emerging Market Core Dividend Tilt Index ETF during the third quarter worth about $435,000. Sanctuary Advisors LLC grew its holdings in shares of Franklin Emerging Market Core Dividend Tilt Index ETF by 4.6% during the fourth quarter. Sanctuary Advisors LLC now owns 20,608 shares of the company’s stock worth $693,000 after purchasing an additional 898 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Franklin Emerging Market Core Dividend Tilt Index ETF by 656.4% during the second quarter. Raymond James Financial Inc. now owns 69,911 shares of the company’s stock worth $2,093,000 after purchasing an additional 60,669 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Franklin Emerging Market Core Dividend Tilt Index ETF by 250.3% during the first quarter. Jane Street Group LLC now owns 86,027 shares of the company’s stock worth $2,334,000 after purchasing an additional 61,466 shares during the last quarter.

Franklin Emerging Market Core Dividend Tilt Index ETF Stock Performance

Shares of DIEM stock opened at $41.30 on Friday. The stock’s 50-day moving average is $37.23 and its two-hundred day moving average is $35.49. The firm has a market cap of $53.69 million, a price-to-earnings ratio of 11.48 and a beta of 0.69. Franklin Emerging Market Core Dividend Tilt Index ETF has a 1 year low of $27.61 and a 1 year high of $42.05.

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.