Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Sees Strong Trading Volume – What’s Next?

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) saw unusually-high trading volume on Monday . Approximately 217,217 shares changed hands during trading, an increase of 101% from the previous session’s volume of 108,121 shares.The stock last traded at $37.73 and had previously closed at $37.44.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Up 1.0 %

The stock has a market cap of $523.67 million, a P/E ratio of 16.41 and a beta of 0.76. The company’s 50 day moving average price is $39.60 and its two-hundred day moving average price is $39.23.

Franklin U.S. Low Volatility High Dividend Index ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.3456 per share. The ex-dividend date was Tuesday, December 31st.

Hedge Funds Weigh In On Franklin U.S. Low Volatility High Dividend Index ETF

A hedge fund recently raised its stake in Franklin U.S. Low Volatility High Dividend Index ETF stock. JPMorgan Chase & Co. increased its stake in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 8.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,573 shares of the company’s stock after purchasing an additional 4,780 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.42% of Franklin U.S. Low Volatility High Dividend Index ETF worth $2,467,000 as of its most recent SEC filing.

Franklin U.S. Low Volatility High Dividend Index ETF Company Profile

The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an exchange-traded fund that is based on the QS Low Volatility High Dividend index. The fund tracks an index of roughly 50-100 US stocks selected from across the market cap spectrum. Stocks are selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility.