Cassia Capital Partners LLC grew its stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV – Free Report) by 12.6% during the third quarter, HoldingsChannel reports. The firm owned 116,304 shares of the company’s stock after buying an additional 12,972 shares during the period. SPDR S&P Emerging Markets Dividend ETF accounts for 2.1% of Cassia Capital Partners LLC’s portfolio, making the stock its 12th largest position. Cassia Capital Partners LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $4,674,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of the stock. NFSG Corp acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the third quarter valued at about $28,000. Morling Financial Advisors LLC purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter valued at about $46,000. Horrell Capital Management Inc. purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter valued at about $49,000. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter valued at about $61,000. Finally, Valley National Advisers Inc. acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter worth approximately $65,000.
SPDR S&P Emerging Markets Dividend ETF Stock Performance
SPDR S&P Emerging Markets Dividend ETF stock opened at $40.33 on Wednesday. The stock’s 50 day moving average price is $40.76 and its 200 day moving average price is $41.15. The firm has a market capitalization of $1.17 billion, a PE ratio of 11.82 and a beta of 0.54. SPDR S&P Emerging Markets Dividend ETF has a one year low of $37.85 and a one year high of $43.49.
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.
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Want to see what other hedge funds are holding EDIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV – Free Report).
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