JPMorgan Chase & Co. Takes Position in SPDR S&P Emerging Markets Dividend ETF $EDIV

JPMorgan Chase & Co. acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,946 shares of the company’s stock, valued at approximately $1,940,000. JPMorgan Chase & Co. owned 0.21% of SPDR S&P Emerging Markets Dividend ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EDIV. Accordant Advisory Group Inc bought a new position in SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at approximately $99,000. Ballast Advisors LLC bought a new position in SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at approximately $99,000. Perigon Wealth Management LLC bought a new position in SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at approximately $218,000. Cowa LLC lifted its position in SPDR S&P Emerging Markets Dividend ETF by 5.1% during the third quarter. Cowa LLC now owns 6,406 shares of the company’s stock valued at $249,000 after purchasing an additional 309 shares during the period. Finally, Pinnacle Financial Group LLC IL bought a new position in SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at approximately $262,000.

SPDR S&P Emerging Markets Dividend ETF Stock Down 0.0%

Shares of SPDR S&P Emerging Markets Dividend ETF stock opened at $39.56 on Wednesday. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 10.27 and a beta of 0.51. The company’s 50 day moving average is $40.93 and its 200 day moving average is $39.73. SPDR S&P Emerging Markets Dividend ETF has a twelve month low of $32.36 and a twelve month 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.