Jane Street Group LLC Trims Stake in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM)

Jane Street Group LLC lessened its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) by 18.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,528 shares of the company’s stock after selling 3,612 shares during the quarter. Jane Street Group LLC owned approximately 2.00% of SPDR MSCI Emerging Markets StrategicFactors ETF worth $976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of QEMM. Edge Financial Advisors LLC bought a new position in SPDR MSCI Emerging Markets StrategicFactors ETF in the 3rd quarter worth $2,335,000. Cabot Wealth Management Inc. raised its stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 10.6% in the third quarter. Cabot Wealth Management Inc. now owns 24,969 shares of the company’s stock worth $1,570,000 after buying an additional 2,392 shares during the period. Virtu Financial LLC lifted its position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 56.1% during the 2nd quarter. Virtu Financial LLC now owns 16,144 shares of the company’s stock valued at $944,000 after buying an additional 5,801 shares in the last quarter. OmniStar Financial Group Inc. grew its stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 16.4% during the 3rd quarter. OmniStar Financial Group Inc. now owns 15,665 shares of the company’s stock valued at $987,000 after acquiring an additional 2,210 shares during the period. Finally, Ariadne Wealth Management LP purchased a new stake in SPDR MSCI Emerging Markets StrategicFactors ETF in the 2nd quarter worth approximately $669,000.

SPDR MSCI Emerging Markets StrategicFactors ETF Price Performance

Shares of NYSEARCA:QEMM opened at $57.06 on Wednesday. The company has a market capitalization of $44.22 million, a P/E ratio of 10.98 and a beta of 0.69. SPDR MSCI Emerging Markets StrategicFactors ETF has a 1-year low of $54.02 and a 1-year high of $64.52. The firm’s 50 day simple moving average is $59.76 and its two-hundred day simple moving average is $59.97.

About SPDR MSCI Emerging Markets StrategicFactors ETF

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.