Midwest Financial Group LLC Boosts Stake in Franklin International Core Dividend Tilt Index ETF $DIVI

Midwest Financial Group LLC grew its position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 26.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 84,018 shares of the company’s stock after buying an additional 17,788 shares during the quarter. Franklin International Core Dividend Tilt Index ETF accounts for 1.4% of Midwest Financial Group LLC’s holdings, making the stock its 21st biggest position. Midwest Financial Group LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $3,345,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DIVI. JPMorgan Chase & Co. increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 23.4% during the second quarter. JPMorgan Chase & Co. now owns 14,395 shares of the company’s stock valued at $513,000 after acquiring an additional 2,726 shares during the last quarter. Raymond James Financial Inc. boosted its position in Franklin International Core Dividend Tilt Index ETF by 35.1% in the second quarter. Raymond James Financial Inc. now owns 752,548 shares of the company’s stock worth $26,821,000 after purchasing an additional 195,552 shares during the last quarter. Jane Street Group LLC grew its stake in Franklin International Core Dividend Tilt Index ETF by 1.1% in the 2nd quarter. Jane Street Group LLC now owns 381,022 shares of the company’s stock valued at $13,580,000 after purchasing an additional 4,297 shares during the period. Ameriprise Financial Inc. grew its stake in Franklin International Core Dividend Tilt Index ETF by 79.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 91,711 shares of the company’s stock valued at $3,269,000 after purchasing an additional 40,677 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 138.4% during the 2nd quarter. Bank of America Corp DE now owns 1,519,906 shares of the company’s stock valued at $54,169,000 after purchasing an additional 882,367 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of Franklin International Core Dividend Tilt Index ETF stock opened at $42.26 on Friday. The firm has a market cap of $2.45 billion, a PE ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $34.72 and a 1 year high of $44.18. The stock has a fifty day moving average price of $42.75 and a 200-day moving average price of $41.27.

Franklin International Core Dividend Tilt Index ETF Company Profile

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® Developed Markets ex-North America Target Market Exposure 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.