Kingsview Wealth Management LLC Acquires New Position in SPDR S&P Emerging Markets Dividend ETF $EDIV

Kingsview Wealth Management LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 34,876 shares of the company’s stock, valued at approximately $1,355,000.

A number of other hedge funds also recently added to or reduced their stakes in EDIV. Elevation Point Wealth Partners LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF in the 2nd quarter valued at approximately $31,000. Bank of Montreal Can increased its position in shares of SPDR S&P Emerging Markets Dividend ETF by 58.3% during the second quarter. Bank of Montreal Can now owns 1,380 shares of the company’s stock worth $53,000 after acquiring an additional 508 shares during the period. Accordant Advisory Group Inc acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the third quarter valued at $99,000. Ballast Advisors LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF in the third quarter valued at $99,000. Finally, Samalin Investment Counsel LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF in the second quarter valued at $209,000.

SPDR S&P Emerging Markets Dividend ETF Price Performance

EDIV opened at $40.45 on Friday. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 10.27 and a beta of 0.52. The business has a fifty day moving average price of $41.13 and a 200 day moving average price of $39.62. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $32.36 and a 12 month high of $43.49.

SPDR S&P Emerging Markets Dividend ETF Profile

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.