Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Sees Large Volume Increase – Time to Buy?

Shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) saw unusually-high trading volume on Tuesday . Approximately 648,206 shares were traded during mid-day trading, an increase of 256% from the previous session’s volume of 181,841 shares.The stock last traded at $33.00 and had previously closed at $32.99.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.3 %

The company has a market cap of $1.17 billion, a P/E ratio of 15.15 and a beta of 0.71. The business has a fifty day moving average of $31.56 and a 200 day moving average of $31.69.

Institutional Investors Weigh In On Franklin International Core Dividend Tilt Index ETF

Hedge funds have recently bought and sold shares of the business. Harbour Investments Inc. increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 31.8% in the 3rd quarter. Harbour Investments Inc. now owns 70,165 shares of the company’s stock worth $2,327,000 after purchasing an additional 16,936 shares in the last quarter. Savvy Advisors Inc. increased its holdings in Franklin International Core Dividend Tilt Index ETF by 7.5% in the 3rd quarter. Savvy Advisors Inc. now owns 9,858 shares of the company’s stock worth $327,000 after buying an additional 691 shares in the last quarter. CAP Partners LLC purchased a new position in Franklin International Core Dividend Tilt Index ETF in the 3rd quarter worth about $421,000. LPL Financial LLC lifted its stake in Franklin International Core Dividend Tilt Index ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 3,933,165 shares of the company’s stock valued at $130,424,000 after acquiring an additional 255,340 shares during the period. Finally, FMR LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 524.0% during the 3rd quarter. FMR LLC now owns 7,220 shares of the company’s stock valued at $239,000 after acquiring an additional 6,063 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Company 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.