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

Shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) saw an uptick in trading volume on Monday . 175,580 shares were traded during 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 Price Performance

The firm has a market cap of $752.43 million, a PE ratio of 13.10 and a beta of 0.80. The business’s fifty day moving average is $30.84 and its 200-day moving average is $31.69.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

A number of large investors have recently bought and sold shares of DIVI. JPMorgan Chase & Co. increased its stake in shares of Franklin International Core Dividend Tilt Index ETF by 4.7% in the third quarter. JPMorgan Chase & Co. now owns 9,827 shares of the company’s stock worth $326,000 after purchasing an additional 437 shares in the last quarter. Savvy Advisors Inc. boosted 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 during the period. Cornerstone Wealth Management LLC grew its stake in Franklin International Core Dividend Tilt Index ETF by 4.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,044 shares of the company’s stock valued at $698,000 after buying an additional 949 shares in the last quarter. Silverlake Wealth Management LLC raised its holdings in Franklin International Core Dividend Tilt Index ETF by 12.2% during the 3rd quarter. Silverlake Wealth Management LLC now owns 10,559 shares of the company’s stock valued at $350,000 after acquiring an additional 1,148 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of Franklin International Core Dividend Tilt Index ETF by 3.6% during the third quarter. Franklin Resources Inc. now owns 48,272 shares of the company’s stock worth $1,577,000 after acquiring an additional 1,681 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.