IRON Financial LLC Invests $769,000 in Franklin International Core Dividend Tilt Index ETF $DIVI

IRON Financial LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 19,305 shares of the company’s stock, valued at approximately $769,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DIVI. Capital Investment Counsel LLC acquired a new stake in Franklin International Core Dividend Tilt Index ETF during the 1st quarter valued at $3,175,000. Apollon Wealth Management LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the first quarter valued at $266,000. apricus wealth LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the first quarter valued at $263,000. Midwest Financial Group LLC boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 26.9% during the first quarter. Midwest Financial Group LLC now owns 84,018 shares of the company’s stock valued at $3,345,000 after acquiring an additional 17,788 shares during the last quarter. Finally, Powers Advisory Group LLC increased its position in Franklin International Core Dividend Tilt Index ETF by 44.8% during the 1st quarter. Powers Advisory Group LLC now owns 78,461 shares of the company’s stock worth $3,124,000 after purchasing an additional 24,293 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of DIVI stock opened at $42.87 on Friday. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68. The firm has a 50-day moving average price of $42.79 and a 200 day moving average price of $41.41. Franklin International Core Dividend Tilt Index ETF has a twelve month low of $34.72 and a twelve month high of $44.18.

About Franklin International Core Dividend Tilt Index ETF

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.