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) shares reached a new 52-week high on Tuesday . The company traded as high as $41.91 and last traded at $41.88, with a volume of 62528 shares traded. The stock had previously closed at $41.62.

Franklin International Low Volatility High Dividend Index ETF Price Performance

The firm has a market cap of $3.57 billion, a PE ratio of 11.36 and a beta of 0.45. The business has a 50-day moving average price of $41.01 and a two-hundred day moving average price of $40.17.

Institutional Trading of Franklin International Low Volatility High Dividend Index ETF

A number of hedge funds have recently bought and sold shares of the company. Torren Management LLC purchased a new stake in Franklin International Low Volatility High Dividend Index ETF during the first quarter valued at about $33,000. Pinnacle Bancorp Inc. purchased a new stake in shares of Franklin International Low Volatility High Dividend Index ETF during the 4th quarter worth about $37,000. Parallel Advisors LLC increased its position in Franklin International Low Volatility High Dividend Index ETF by 275.5% during the 1st 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 purchased a new position in Franklin International Low Volatility High Dividend Index ETF in the first quarter valued at approximately $119,000. Finally, IFC & Insurance Marketing Inc. acquired a new position in Franklin International Low Volatility High Dividend Index ETF during the fourth quarter valued at approximately $238,000.

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.