Connectus Wealth LLC Takes $1.28 Million Position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Connectus Wealth LLC purchased a new stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIVFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 39,239 shares of the company’s stock, valued at approximately $1,276,000. Connectus Wealth LLC owned approximately 0.50% of SPDR S&P Emerging Markets Dividend ETF as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Avestar Capital LLC bought a new stake in SPDR S&P Emerging Markets Dividend ETF in the fourth quarter worth approximately $4,956,000. Nations Financial Group Inc. IA ADV bought a new stake in SPDR S&P Emerging Markets Dividend ETF in the fourth quarter worth $986,000. Wells Fargo & Company MN increased its position in SPDR S&P Emerging Markets Dividend ETF by 15.4% during the fourth quarter. Wells Fargo & Company MN now owns 285,331 shares of the company’s stock worth $9,279,000 after buying an additional 38,160 shares during the last quarter. Gladstone Institutional Advisory LLC raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 29.1% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 27,480 shares of the company’s stock valued at $894,000 after buying an additional 6,202 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 1.2% in the fourth quarter. UBS Group AG now owns 271,142 shares of the company’s stock worth $8,818,000 after buying an additional 3,085 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

EDIV opened at $35.28 on Tuesday. The company has a market cap of $416.30 million, a PE ratio of 8.45 and a beta of 0.62. The stock has a 50-day moving average of $34.41 and a 200-day moving average of $33.11. SPDR S&P Emerging Markets Dividend ETF has a 52-week low of $28.16 and a 52-week high of $36.16.

SPDR S&P Emerging Markets Dividend ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

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