Jane Street Group LLC Decreases Position in Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM)

Jane Street Group LLC decreased its stake in Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) by 68.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,651 shares of the company’s stock after selling 48,467 shares during the period. Jane Street Group LLC’s holdings in Franklin Emerging Market Core Dividend Tilt Index ETF were worth $639,000 as of its most recent SEC filing.

Separately, Sanctuary Advisors LLC purchased a new stake in shares of Franklin Emerging Market Core Dividend Tilt Index ETF in the second quarter worth about $411,000.

Franklin Emerging Market Core Dividend Tilt Index ETF Price Performance

Shares of NYSEARCA DIEM opened at $26.59 on Friday. The company has a market capitalization of $13.30 million, a price-to-earnings ratio of 8.51 and a beta of 0.81. Franklin Emerging Market Core Dividend Tilt Index ETF has a 1-year low of $23.36 and a 1-year high of $29.90. The business has a 50-day moving average of $27.10 and a 200-day moving average of $27.16.

About Franklin Emerging Market Core Dividend Tilt Index ETF

Under normal market conditions, 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® Emerging Markets Target Market Exposure Index (Parent 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.