SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Stock Position Lowered by SMI Advisory Services LLC

SMI Advisory Services LLC lowered its position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 44.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 179,025 shares of the company’s stock after selling 143,815 shares during the quarter. SPDR S&P Emerging Markets Dividend ETF accounts for approximately 1.7% of SMI Advisory Services LLC’s investment portfolio, making the stock its 16th largest position. SMI Advisory Services LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $6,039,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of EDIV. Raymond James Financial Services Advisors Inc. lifted its stake in SPDR S&P Emerging Markets Dividend ETF by 717.3% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 185,262 shares of the company’s stock valued at $6,025,000 after buying an additional 162,595 shares in the last quarter. Avestar Capital LLC purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the fourth quarter valued at $4,956,000. Premier Path Wealth Partners LLC acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the fourth quarter worth $1,726,000. Mariner LLC increased its stake in SPDR S&P Emerging Markets Dividend ETF by 378.6% in the 3rd quarter. Mariner LLC now owns 56,648 shares of the company’s stock valued at $1,687,000 after buying an additional 44,813 shares during the period. Finally, Connectus Wealth LLC purchased a new stake in SPDR S&P Emerging Markets Dividend ETF in the 4th quarter worth approximately $1,276,000.

SPDR S&P Emerging Markets Dividend ETF Trading Up 0.3 %

Shares of SPDR S&P Emerging Markets Dividend ETF stock opened at $35.30 on Thursday. The stock has a market capitalization of $416.54 million, a price-to-earnings ratio of 8.45 and a beta of 0.62. SPDR S&P Emerging Markets Dividend ETF has a 1-year low of $28.16 and a 1-year high of $36.16. The firm has a fifty day simple moving average of $34.90 and a 200-day simple moving average of $33.46.

SPDR S&P Emerging Markets Dividend ETF Company 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.