Jane Street Group LLC Trims Stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Jane Street Group LLC cut its position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 26.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 120,924 shares of the company’s stock after selling 44,594 shares during the period. Jane Street Group LLC owned approximately 0.49% of Franklin International Core Dividend Tilt Index ETF worth $4,010,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 524.0% during the third quarter. FMR LLC now owns 7,220 shares of the company’s stock valued at $239,000 after buying an additional 6,063 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in Franklin International Core Dividend Tilt Index ETF in the 2nd quarter valued at $267,000. Benjamin Edwards Inc. purchased a new stake in Franklin International Core Dividend Tilt Index ETF in the third quarter worth $317,000. Savvy Advisors Inc. lifted its position in shares of 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 purchasing an additional 691 shares during the last quarter. Finally, HBW Advisory Services LLC bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the third quarter worth $350,000.

Franklin International Core Dividend Tilt Index ETF Trading Down 2.4 %

NYSEARCA DIVI opened at $30.18 on Thursday. The stock has a market cap of $748.46 million, a PE ratio of 13.10 and a beta of 0.80. Franklin International Core Dividend Tilt Index ETF has a 12 month low of $29.53 and a 12 month high of $33.74. The company’s 50-day moving average price is $31.34 and its 200-day moving average price is $31.90.

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.