LPL Financial LLC Cuts Stock Position in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM)

LPL Financial LLC decreased its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) by 17.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 58,502 shares of the company’s stock after selling 12,715 shares during the quarter. LPL Financial LLC owned 7.60% of SPDR MSCI Emerging Markets StrategicFactors ETF worth $3,252,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Jane Street Group LLC increased its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 51.5% during the 2nd quarter. Jane Street Group LLC now owns 61,337 shares of the company’s stock worth $3,461,000 after purchasing an additional 20,857 shares during the period. Morgan Stanley increased its stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 775.6% during the fourth quarter. Morgan Stanley now owns 22,064 shares of the company’s stock worth $1,179,000 after buying an additional 19,544 shares during the period. Bank of America Corp DE raised its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 18,060 shares of the company’s stock valued at $1,158,000 after acquiring an additional 356 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 1.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,630 shares of the company’s stock worth $980,000 after acquiring an additional 261 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 106.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 17,491 shares of the company’s stock worth $889,000 after acquiring an additional 9,012 shares in the last quarter.

SPDR MSCI Emerging Markets StrategicFactors ETF Trading Up 0.7 %

Shares of NYSEARCA:QEMM opened at $55.64 on Tuesday. SPDR MSCI Emerging Markets StrategicFactors ETF has a 52 week low of $49.61 and a 52 week high of $58.42. The company’s 50 day moving average is $55.72 and its two-hundred day moving average is $55.43. The company has a market cap of $44.51 million, a PE ratio of 9.72 and a beta of 0.66.

SPDR MSCI Emerging Markets StrategicFactors ETF Company Profile

The SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an exchange-traded fund that is based on the MSCI EM Factor Mix A-Series (USD) index. The fund tracks an index of emerging-market securities equally-weighted between 3 sub-indexes that focus on value, minimum volatility and quality. QEMM was launched on Jun 4, 2014 and is managed by State Street.