CAP Partners LLC Makes New Investment in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

CAP Partners LLC purchased a new position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 12,703 shares of the company’s stock, valued at approximately $421,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF during the second quarter worth approximately $267,000. Savvy Advisors Inc. raised its holdings in Franklin International Core Dividend Tilt Index ETF by 7.5% during the third 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 last quarter. HBW Advisory Services LLC bought a new position in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter valued at $350,000. Silverlake Wealth Management LLC grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 12.2% during the third quarter. Silverlake Wealth Management LLC now owns 10,559 shares of the company’s stock valued at $350,000 after buying an additional 1,148 shares during the last quarter. Finally, MONECO Advisors LLC bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the second quarter worth about $352,000.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of NYSEARCA DIVI opened at $30.52 on Monday. The stock has a market cap of $756.90 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 $28.62 and a fifty-two week high of $33.74. The firm’s 50-day simple moving average is $32.16 and its 200 day simple moving average is $32.15.

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.