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

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) saw an uptick in trading volume on Monday . 175,580 shares were traded during mid-day trading, an increase of 34% from the previous session’s volume of 130,790 shares.The stock last traded at $30.49 and had previously closed at $30.00.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.1 %

The company has a market capitalization of $751.69 million, a price-to-earnings ratio of 13.10 and a beta of 0.80. The firm’s 50 day simple moving average is $30.75 and its 200-day simple moving average is $31.66.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 6.9% in the 3rd quarter. LPL Financial LLC now owns 3,933,165 shares of the company’s stock valued at $130,424,000 after purchasing an additional 255,340 shares in the last quarter. Retirement Planning Group LLC boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 4.5% in the third quarter. Retirement Planning Group LLC now owns 1,499,854 shares of the company’s stock valued at $49,735,000 after buying an additional 65,038 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Franklin International Core Dividend Tilt Index ETF by 7.5% during the second quarter. NewEdge Advisors LLC now owns 793,809 shares of the company’s stock worth $24,814,000 after acquiring an additional 55,085 shares during the period. CWM LLC grew its holdings in Franklin International Core Dividend Tilt Index ETF by 2.6% during the third quarter. CWM LLC now owns 728,254 shares of the company’s stock worth $24,149,000 after acquiring an additional 18,541 shares during the period. Finally, Sanctuary Advisors LLC raised its position 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 in 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.