Envestnet Asset Management Inc. Has $7.09 Million Stock Holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Envestnet Asset Management Inc. decreased its position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 32.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 236,308 shares of the company’s stock after selling 115,384 shares during the period. Envestnet Asset Management Inc. owned approximately 0.95% of Franklin International Core Dividend Tilt Index ETF worth $7,092,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of DIVI. Principal Securities Inc. lifted its stake in Franklin International Core Dividend Tilt Index ETF by 9.5% during the fourth quarter. Principal Securities Inc. now owns 3,729 shares of the company’s stock worth $112,000 after purchasing an additional 323 shares during the last quarter. OxenFree Capital LLC lifted its position in shares of Franklin International Core Dividend Tilt Index ETF by 0.7% during the 4th quarter. OxenFree Capital LLC now owns 47,845 shares of the company’s stock worth $1,436,000 after buying an additional 352 shares during the last quarter. JPMorgan Chase & Co. grew its position in 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 valued at $326,000 after acquiring an additional 437 shares during the last quarter. Defined Wealth Management LLC raised its stake in Franklin International Core Dividend Tilt Index ETF by 0.4% during the fourth quarter. Defined Wealth Management LLC now owns 120,408 shares of the company’s stock worth $3,613,000 after acquiring an additional 513 shares in the last quarter. Finally, Wintrust Investments LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 30.3% in the fourth quarter. Wintrust Investments LLC now owns 2,205 shares of the company’s stock worth $66,000 after acquiring an additional 513 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

DIVI stock opened at $32.34 on Monday. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 14.77 and a beta of 0.66. The company has a 50 day simple moving average of $32.39 and a 200 day simple moving average of $31.57. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $28.70 and a 1 year high of $34.01.

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.