Sowell Financial Services LLC Raises Stock Position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Sowell Financial Services LLC lifted its holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 109.2% in the fourth quarter, HoldingsChannel reports. The firm owned 24,406 shares of the company’s stock after buying an additional 12,738 shares during the quarter. Sowell Financial Services LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $732,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Franklin International Core Dividend Tilt Index ETF in the fourth quarter worth approximately $13,692,000. LPL Financial LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 6.9% in the third quarter. LPL Financial LLC now owns 3,933,165 shares of the company’s stock worth $130,424,000 after acquiring an additional 255,340 shares during the last quarter. BCGM Wealth Management LLC purchased a new position in Franklin International Core Dividend Tilt Index ETF in the fourth quarter worth approximately $7,165,000. Janney Montgomery Scott LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 51.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 280,251 shares of the company’s stock worth $8,410,000 after acquiring an additional 95,156 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 20.6% in the third quarter. Sanctuary Advisors LLC now owns 550,250 shares of the company’s stock worth $16,827,000 after acquiring an additional 94,142 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.3 %

Shares of Franklin International Core Dividend Tilt Index ETF stock opened at $32.88 on Wednesday. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $29.51 and a 52-week high of $34.01. The company has a 50 day moving average of $31.61 and a 200 day moving average of $31.69. The company has a market capitalization of $1.17 billion, a P/E ratio of 15.15 and a beta of 0.71.

Franklin International Core Dividend Tilt Index ETF Profile

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.