SG Trading Solutions LLC Makes New Investment in SPDR S&P Emerging Markets Dividend ETF $EDIV

SG Trading Solutions LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 61,543 shares of the company’s stock, valued at approximately $2,409,000. SG Trading Solutions LLC owned about 0.23% of SPDR S&P Emerging Markets Dividend ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. PNC Financial Services Group Inc. acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter worth about $25,000. Raleigh Capital Management Inc. acquired a new stake in SPDR S&P Emerging Markets Dividend ETF in the 4th quarter valued at about $40,000. Commonwealth Retirement Investments LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the fourth quarter worth about $43,000. Trust Co. of Vermont raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 165.1% in the fourth quarter. Trust Co. of Vermont now owns 1,670 shares of the company’s stock worth $65,000 after acquiring an additional 1,040 shares during the last quarter. Finally, Ballast Advisors LLC acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the third quarter worth approximately $99,000.

SPDR S&P Emerging Markets Dividend ETF Trading Up 0.1%

Shares of EDIV stock opened at $41.63 on Friday. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $36.94 and a 1 year high of $43.49. The firm’s 50 day moving average is $41.25 and its 200-day moving average is $40.63. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48.

About SPDR S&P Emerging Markets Dividend ETF

The SPDR S&P Emerging Markets Dividend ETF (EDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a yield-weighted index of high-dividend-paying firms in emerging markets. The index screens for 3-year positive earnings growth and profitability. EDIV was launched on Feb 23, 2011 and is managed by State Street.