Powerhouse Assets LLC acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 20,293 shares of the company’s stock, valued at approximately $794,000. SPDR S&P Emerging Markets Dividend ETF comprises approximately 0.7% of Powerhouse Assets LLC’s investment portfolio, making the stock its 24th largest position.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Elevation Point Wealth Partners LLC purchased a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the second quarter valued at $31,000. Accordant Advisory Group Inc bought a new stake in SPDR S&P Emerging Markets Dividend ETF in the third quarter worth $99,000. Ballast Advisors LLC purchased a new stake in SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at $99,000. Perigon Wealth Management LLC purchased a new stake in SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at $218,000. Finally, Dynamic Advisor Solutions LLC bought a new position in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter valued at $244,000.
SPDR S&P Emerging Markets Dividend ETF Stock Up 0.2%
SPDR S&P Emerging Markets Dividend ETF stock opened at $39.56 on Thursday. The company’s 50-day moving average price is $41.09 and its 200-day moving average price 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. The company has a market cap of $1.07 billion, a PE ratio of 10.27 and a beta of 0.52.
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.
See Also
Want to see what other hedge funds are holding EDIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV – Free Report).
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