Drake & Associates LLC Grows Holdings in SPDR S&P Emerging Markets Dividend ETF $EDIV

Drake & Associates LLC grew its position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 12.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 310,725 shares of the company’s stock after acquiring an additional 34,729 shares during the period. SPDR S&P Emerging Markets Dividend ETF comprises approximately 2.4% of Drake & Associates LLC’s investment portfolio, making the stock its 14th biggest position. Drake & Associates LLC owned approximately 1.15% of SPDR S&P Emerging Markets Dividend ETF worth $12,165,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of EDIV. Private Trust Co. NA grew its position in shares of SPDR S&P Emerging Markets Dividend ETF by 10.0% during the 4th quarter. Private Trust Co. NA now owns 2,742 shares of the company’s stock valued at $107,000 after acquiring an additional 250 shares during the period. InTrack Investment Management Inc raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 3.4% in the 4th quarter. InTrack Investment Management Inc now owns 8,228 shares of the company’s stock worth $322,000 after purchasing an additional 271 shares during the period. Cowa LLC raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 5.1% in the 3rd quarter. Cowa LLC now owns 6,406 shares of the company’s stock worth $249,000 after purchasing an additional 309 shares during the period. Stratos Wealth Partners LTD. boosted its position in SPDR S&P Emerging Markets Dividend ETF by 3.4% during the fourth quarter. Stratos Wealth Partners LTD. now owns 11,780 shares of the company’s stock worth $461,000 after purchasing an additional 386 shares in the last quarter. Finally, Summit Global Investments boosted its position in SPDR S&P Emerging Markets Dividend ETF by 0.6% during the fourth quarter. Summit Global Investments now owns 62,446 shares of the company’s stock worth $2,445,000 after purchasing an additional 390 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Trading Up 0.1%

Shares of EDIV opened at $41.63 on Friday. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $36.94 and a 12 month high of $43.49. The stock’s 50 day moving average is $41.25 and its two-hundred day moving average is $40.63. The firm has a market cap of $1.24 billion, a P/E ratio of 10.27 and a beta of 0.48.

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.