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

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) reached a new 52-week high during trading on Thursday. The company traded as high as $43.94 and last traded at $43.80, with a volume of 42,829 shares. The stock had previously closed at $43.74.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

The firm has a market capitalization of $6.52 billion, a P/E ratio of 13.83 and a beta of 0.36. The stock’s 50 day simple moving average is $42.54 and its 200 day simple moving average is $41.39.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Planning Strategies Inc. raised its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 9.1% in the 3rd quarter. Planning Strategies Inc. now owns 429,932 shares of the company’s stock valued at $17,932,000 after purchasing an additional 35,814 shares in the last quarter. Ethos Financial Group LLC boosted its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 27.2% during the first quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock valued at $6,951,000 after purchasing an additional 36,685 shares in the last quarter. Harbour Investments Inc. increased its holdings in Franklin International Low Volatility High Dividend Index ETF by 2.2% during the third quarter. Harbour Investments Inc. now owns 86,229 shares of the company’s stock valued at $3,597,000 after buying an additional 1,896 shares during the period. Thoroughbred Financial Services LLC increased its holdings in Franklin International Low Volatility High Dividend Index ETF by 2.4% during the third quarter. Thoroughbred Financial Services LLC now owns 65,383 shares of the company’s stock valued at $2,727,000 after buying an additional 1,550 shares during the period. Finally, Arkadios Wealth Advisors increased its holdings in Franklin International Low Volatility High Dividend Index ETF by 74.0% during the first quarter. Arkadios Wealth Advisors now owns 52,179 shares of the company’s stock valued at $2,115,000 after buying an additional 22,187 shares during the period.

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.