Envestnet Asset Management Inc. Has $5.29 Million Stock Holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Envestnet Asset Management Inc. grew its position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 18.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 169,060 shares of the company’s stock after purchasing an additional 26,205 shares during the period. Envestnet Asset Management Inc. owned about 0.68% of Franklin International Core Dividend Tilt Index ETF worth $5,285,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Advisory Services Network LLC acquired a new position in Franklin International Core Dividend Tilt Index ETF during the 4th quarter worth about $179,000. Envestnet Portfolio Solutions Inc. acquired a new position in Franklin International Core Dividend Tilt Index ETF during the 2nd quarter worth about $267,000. Benjamin F. Edwards & Company Inc. acquired a new position in Franklin International Core Dividend Tilt Index ETF during the 1st quarter worth about $308,000. MONECO Advisors LLC acquired a new position in Franklin International Core Dividend Tilt Index ETF during the 2nd quarter worth about $352,000. Finally, Southland Equity Partners LLC lifted its position in Franklin International Core Dividend Tilt Index ETF by 11.4% during the 1st quarter. Southland Equity Partners LLC now owns 18,209 shares of the company’s stock worth $586,000 after buying an additional 1,869 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.7 %

Shares of NYSEARCA DIVI opened at $33.16 on Tuesday. The firm’s 50-day simple moving average is $32.24 and its 200 day simple moving average is $32.09. The company has a market cap of $822.37 million, a price-to-earnings ratio of 13.10 and a beta of 0.80. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $26.60 and a 12-month high of $33.74.

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.