Avior Wealth Management LLC Sells 2,000 Shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Avior Wealth Management LLC cut its stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 24.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,157 shares of the company’s stock after selling 2,000 shares during the quarter. Avior Wealth Management LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $185,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of DIVI. FMR LLC increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 524.0% in the third quarter. FMR LLC now owns 7,220 shares of the company’s stock worth $239,000 after purchasing an additional 6,063 shares during the period. Benjamin Edwards Inc. bought a new position in Franklin International Core Dividend Tilt Index ETF in the 3rd quarter valued at about $317,000. JPMorgan Chase & Co. raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,827 shares of the company’s stock valued at $326,000 after buying an additional 437 shares in the last quarter. Savvy Advisors Inc. lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 7.5% during the 3rd quarter. Savvy Advisors Inc. now owns 9,858 shares of the company’s stock worth $327,000 after acquiring an additional 691 shares during the period. Finally, HBW Advisory Services LLC acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the 3rd quarter worth approximately $350,000.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of DIVI opened at $31.55 on Tuesday. The firm has a 50 day simple moving average of $30.63 and a two-hundred day simple moving average of $31.57. The company has a market cap of $782.44 million, a P/E ratio of 13.10 and a beta of 0.80. Franklin International Core Dividend Tilt Index ETF has a one year low of $29.51 and a one year 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.