Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI – Get Free Report) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 508,247 shares, a drop of 67.8% from the July 30th total of 1,577,369 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 815,899 shares, the days-to-cover ratio is currently 0.6 days.
Franklin International Low Volatility High Dividend Index ETF Trading Down 0.3%
Shares of BATS:LVHI opened at $43.08 on Thursday. The company has a market capitalization of $3.66 billion, a PE ratio of 11.36 and a beta of 0.45. Franklin International Low Volatility High Dividend Index ETF has a 12-month low of $34.25 and a 12-month high of $43.35. The business’s fifty day simple moving average is $41.97 and its 200-day simple moving average is $41.10.
Hedge Funds Weigh In On Franklin International Low Volatility High Dividend Index ETF
Large investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 4.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,690,259 shares of the company’s stock valued at $58,740,000 after buying an additional 73,179 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 64.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 437,681 shares of the company’s stock worth $17,744,000 after acquiring an additional 171,132 shares in the last quarter. Cedar Mountain Advisors LLC lifted its position in Franklin International Low Volatility High Dividend Index ETF by 0.3% during the fourth quarter. Cedar Mountain Advisors LLC now owns 337,224 shares of the company’s stock valued at $12,417,000 after acquiring an additional 1,062 shares during the last quarter. Ethos Financial Group LLC lifted its position in Franklin International Low Volatility High Dividend Index ETF by 27.2% during the first quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock valued at $6,951,000 after acquiring an additional 36,685 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Franklin International Low Volatility High Dividend Index ETF by 268.5% in the fourth quarter. JPMorgan Chase & Co. now owns 138,576 shares of the company’s stock valued at $5,102,000 after acquiring an additional 100,974 shares in the last quarter.
About Franklin International Low Volatility High Dividend Index ETF
The Franklin International Low Volatility High Dividend Index ETF (LVHI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an all-cap index of developed ex-US stocks, selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHI was launched on Jul 27, 2016 and is managed by Franklin Templeton.
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