Creative Planning Acquires New Position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Creative Planning bought a new position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,416 shares of the company’s stock, valued at approximately $242,000. Creative Planning owned approximately 0.05% of SPDR S&P Emerging Markets Dividend ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Centaurus Financial Inc. bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 2nd quarter worth approximately $6,009,000. Luken Investment Analytics LLC bought a new stake in SPDR S&P Emerging Markets Dividend ETF in the second quarter valued at $5,551,000. Tower Wealth Partners Inc. purchased a new position in SPDR S&P Emerging Markets Dividend ETF during the 2nd quarter valued at $5,279,000. Cetera Investment Advisers raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 200.7% in the 2nd quarter. Cetera Investment Advisers now owns 100,341 shares of the company’s stock worth $3,542,000 after purchasing an additional 66,974 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 87.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 99,678 shares of the company’s stock worth $3,519,000 after purchasing an additional 46,553 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Trading Down 1.5 %

NYSEARCA:EDIV opened at $35.97 on Monday. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $29.40 and a 12 month high of $39.23. The company has a 50-day moving average price of $36.93 and a 200-day moving average price of $35.92. The stock has a market cap of $424.45 million, a price-to-earnings ratio of 8.45 and a beta of 0.62.

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.