Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Reaches New 52-Week High – Here’s Why

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

Franklin International Low Volatility High Dividend Index ETF Price Performance

The firm has a market cap of $3.62 billion, a P/E ratio of 11.36 and a beta of 0.45. The firm’s 50-day moving average price is $41.10 and its 200 day moving average price is $40.32.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Torren Management LLC acquired a new position in shares of Franklin International Low Volatility High Dividend Index ETF in the 1st quarter worth approximately $33,000. Pinnacle Bancorp Inc. acquired a new stake in shares of Franklin International Low Volatility High Dividend Index ETF during the 4th quarter valued at approximately $37,000. Parallel Advisors LLC raised its position in shares of 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 valued at $55,000 after acquiring an additional 1,000 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Franklin International Low Volatility High Dividend Index ETF during the 1st quarter valued at approximately $119,000. Finally, IFC & Insurance Marketing Inc. bought a new position in Franklin International Low Volatility High Dividend Index ETF during the fourth quarter worth $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.