Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Share Price Breaks Above 200-Day Moving Average – Here’s Why

Shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $42.46 and traded as high as $43.37. Franklin International Core Dividend Tilt Index ETF shares last traded at $43.37, with a volume of 185,005 shares changing hands.

Franklin International Core Dividend Tilt Index ETF Price Performance

The stock has a market capitalization of $2.69 billion, a P/E ratio of 14.82 and a beta of 0.70. The stock’s fifty day moving average is $43.10 and its 200-day moving average is $42.46.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

Several large investors have recently made changes to their positions in DIVI. Lido Advisors LLC increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 7.2% during the 3rd quarter. Lido Advisors LLC now owns 23,457 shares of the company’s stock valued at $1,001,000 after acquiring an additional 1,581 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in shares of Franklin International Core Dividend Tilt Index ETF by 18.1% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 42,129 shares of the company’s stock valued at $1,797,000 after acquiring an additional 6,446 shares in the last quarter. Joseph Group Capital Management lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 0.5% in the 3rd quarter. Joseph Group Capital Management now owns 174,424 shares of the company’s stock worth $7,441,000 after purchasing an additional 869 shares during the last quarter. Avantax Planning Partners Inc. lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 2.1% in the 3rd quarter. Avantax Planning Partners Inc. now owns 19,388 shares of the company’s stock worth $827,000 after purchasing an additional 391 shares during the last quarter. Finally, Henderson Brothers Financial Partners LLC lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 109.2% in the 3rd quarter. Henderson Brothers Financial Partners LLC now owns 112,433 shares of the company’s stock worth $4,796,000 after purchasing an additional 58,686 shares during the last quarter.

About Franklin International Core Dividend Tilt Index ETF

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.