JPMorgan Chase & Co. boosted its position in Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM – Free Report) by 9.1% during the 3rd quarter, Holdings Channel reports. The fund owned 6,516 shares of the company’s stock after buying an additional 544 shares during the period. JPMorgan Chase & Co.’s holdings in Franklin Emerging Market Core Dividend Tilt Index ETF were worth $184,000 as of its most recent SEC filing.
Separately, Sanctuary Advisors LLC raised its holdings in shares of Franklin Emerging Market Core Dividend Tilt Index ETF by 12.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 17,951 shares of the company’s stock worth $483,000 after acquiring an additional 1,952 shares during the last quarter.
Franklin Emerging Market Core Dividend Tilt Index ETF Stock Performance
Shares of DIEM opened at $26.80 on Friday. The firm has a market capitalization of $13.40 million, a P/E ratio of 8.51 and a beta of 0.81. Franklin Emerging Market Core Dividend Tilt Index ETF has a 52 week low of $24.19 and a 52 week high of $29.90. The stock has a 50 day moving average price of $26.82 and a two-hundred day moving average price of $27.10.
Franklin Emerging Market Core Dividend Tilt Index ETF Company Profile
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 MorningstarĀ® 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.
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Want to see what other hedge funds are holding DIEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM – Free Report).
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