Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Shares Sold by Smart Money Group LLC

Smart Money Group LLC decreased its stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 80.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,819 shares of the company’s stock after selling 141,719 shares during the period. Smart Money Group LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $1,045,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whitaker Myers Wealth Managers LTD. grew its position in Franklin International Core Dividend Tilt Index ETF by 3.3% during the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 18,622 shares of the company’s stock worth $559,000 after purchasing an additional 592 shares during the last quarter. Defined Wealth Management LLC boosted its position in shares of Franklin International Core Dividend Tilt Index ETF by 0.4% during the 4th quarter. Defined Wealth Management LLC now owns 120,408 shares of the company’s stock worth $3,613,000 after purchasing an additional 513 shares in the last quarter. HBW Advisory Services LLC grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 33.1% during the 4th quarter. HBW Advisory Services LLC now owns 14,051 shares of the company’s stock worth $422,000 after purchasing an additional 3,494 shares during the period. First Hawaiian Bank purchased a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 4th quarter valued at about $998,000. Finally, Integrated Capital Management LLC lifted its position in shares of Franklin International Core Dividend Tilt Index ETF by 4.1% during the 4th quarter. Integrated Capital Management LLC now owns 282,140 shares of the company’s stock valued at $8,467,000 after acquiring an additional 10,982 shares during the period.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Franklin International Core Dividend Tilt Index ETF stock opened at $30.54 on Monday. The firm has a market capitalization of $757.39 million, a price-to-earnings ratio of 13.10 and a beta of 0.80. Franklin International Core Dividend Tilt Index ETF has a fifty-two week low of $29.51 and a fifty-two week high of $33.74. The stock’s fifty day moving average is $30.57 and its two-hundred day moving average is $31.60.

Franklin International Core Dividend Tilt Index ETF 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.