Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Sets New 1-Year High – Still a Buy?

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $34.24 and last traded at $34.24, with a volume of 20206 shares trading hands. The stock had previously closed at $33.69.

Franklin International Core Dividend Tilt Index ETF Price Performance

The company has a market cap of $1.37 billion, a PE ratio of 15.22 and a beta of 0.66. The business has a 50 day moving average of $32.58 and a 200 day moving average of $31.64.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

Several large investors have recently bought and sold shares of the company. Valley National Advisers Inc. bought a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 1st quarter worth approximately $49,000. Highline Wealth Partners LLC purchased a new stake in Franklin International Core Dividend Tilt Index ETF in the first quarter worth $58,000. EverSource Wealth Advisors LLC bought a new position in Franklin International Core Dividend Tilt Index ETF in the fourth quarter worth $60,000. Wintrust Investments LLC lifted its position in Franklin International Core Dividend Tilt Index ETF by 30.3% during the fourth quarter. Wintrust Investments LLC now owns 2,205 shares of the company’s stock valued at $66,000 after buying an additional 513 shares during the period. Finally, Comerica Bank boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 11.8% during the 4th quarter. Comerica Bank now owns 3,267 shares of the company’s stock valued at $98,000 after buying an additional 346 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.