Envestnet Asset Management Inc. Takes $3.30 Million Position in Franklin International Dividend Multiplier Index ETF $XIDV

Envestnet Asset Management Inc. purchased a new position in Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 107,413 shares of the company’s stock, valued at approximately $3,303,000. Envestnet Asset Management Inc. owned approximately 13.43% of Franklin International Dividend Multiplier Index ETF as of its most recent SEC filing.

Franklin International Dividend Multiplier Index ETF Trading Down 0.4%

Shares of NYSEARCA:XIDV opened at $33.07 on Friday. The stock has a fifty day simple moving average of $32.37 and a two-hundred day simple moving average of $31.56. Franklin International Dividend Multiplier Index ETF has a 12-month low of $25.17 and a 12-month high of $33.42. The stock has a market capitalization of $56.22 million, a price-to-earnings ratio of 12.12 and a beta of 0.79.

Franklin International Dividend Multiplier Index ETF Profile

The Franklin International Dividend Multiplier Index ETF (XIDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of large- and mid-cap companies from developed markets, excluding the US. The fund uses an optimizer that aims for high dividend yield balanced against volatility relative to the broad international equity market.