Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Reaches New 12-Month High – Still a Buy?

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $41.74 and last traded at $41.55, with a volume of 100880 shares. The stock had previously closed at $41.50.

Franklin International Low Volatility High Dividend Index ETF Stock Down 0.2%

The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. The stock’s fifty day moving average is $40.64 and its 200-day moving average is $38.91.

Hedge Funds Weigh In On Franklin International Low Volatility High Dividend Index ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Thoroughbred Financial Services LLC raised its stake in Franklin International Low Volatility High Dividend Index ETF by 0.5% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 60,640 shares of the company’s stock worth $2,107,000 after buying an additional 297 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 104.2% in the third quarter. EverSource Wealth Advisors LLC now owns 968 shares of the company’s stock worth $34,000 after acquiring an additional 494 shares in the last quarter. Advisory Services Network LLC raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 2.5% during the fourth quarter. Advisory Services Network LLC now owns 21,036 shares of the company’s stock worth $775,000 after purchasing an additional 507 shares during the period. Strategic Blueprint LLC raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 7.6% during the fourth quarter. Strategic Blueprint LLC now owns 10,819 shares of the company’s stock worth $398,000 after purchasing an additional 760 shares during the period. Finally, Torren Management LLC bought a new position in shares of Franklin International Low Volatility High Dividend Index ETF during the 1st quarter valued at about $33,000.

About Franklin International Low Volatility High Dividend Index ETF

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.