RiverTree Advisors LLC Sells 24,641 Shares of SPDR S&P Emerging Markets Dividend ETF $EDIV

RiverTree Advisors LLC decreased its position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 54.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 20,663 shares of the company’s stock after selling 24,641 shares during the period. RiverTree Advisors LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $809,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Redhawk Wealth Advisors Inc. grew its stake in SPDR S&P Emerging Markets Dividend ETF by 16.5% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 123,746 shares of the company’s stock worth $4,845,000 after purchasing an additional 17,533 shares during the period. InTrack Investment Management Inc boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 3.4% during the 4th quarter. InTrack Investment Management Inc now owns 8,228 shares of the company’s stock valued at $322,000 after buying an additional 271 shares in the last quarter. Bond & Devick Financial Network Inc. grew its position in shares of SPDR S&P Emerging Markets Dividend ETF by 7.5% in the 4th quarter. Bond & Devick Financial Network Inc. now owns 258,220 shares of the company’s stock worth $10,109,000 after buying an additional 17,949 shares during the period. Cambridge Financial Group LLC lifted its position in SPDR S&P Emerging Markets Dividend ETF by 43.4% during the 4th quarter. Cambridge Financial Group LLC now owns 18,014 shares of the company’s stock valued at $705,000 after acquiring an additional 5,451 shares during the period. Finally, Dynamic Advisor Solutions LLC bought a new stake in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth about $244,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of NYSEARCA EDIV opened at $38.69 on Monday. The company has a 50 day simple moving average of $41.15 and a two-hundred day simple moving average of $39.74. SPDR S&P Emerging Markets Dividend ETF has a fifty-two week low of $32.36 and a fifty-two week high of $43.49. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 10.27 and a beta of 0.52.

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.