Jane Street Group LLC Has $227,000 Stock Position in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV)

Jane Street Group LLC reduced its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) by 8.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,089 shares of the company’s stock after selling 463 shares during the quarter. Jane Street Group LLC owned 0.34% of Franklin U.S. Core Dividend Tilt Index ETF worth $227,000 as of its most recent SEC filing.

Separately, Harbour Investments Inc. boosted its stake in Franklin U.S. Core Dividend Tilt Index ETF by 58.1% in the third quarter. Harbour Investments Inc. now owns 8,033 shares of the company’s stock valued at $359,000 after buying an additional 2,953 shares in the last quarter.

Franklin U.S. Core Dividend Tilt Index ETF Stock Down 1.5 %

NYSEARCA:UDIV opened at $44.99 on Friday. Franklin U.S. Core Dividend Tilt Index ETF has a twelve month low of $36.01 and a twelve month high of $47.25. The firm has a market capitalization of $67.49 million, a PE ratio of 22.65 and a beta of 1.01. The stock’s 50-day simple moving average is $46.22 and its 200 day simple moving average is $44.47.

About Franklin U.S. 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. The index is based on the Morningstar® US 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.