SPDR S&P Emerging Markets Dividend ETF $EDIV Stock: IFP Advisors Inc Decreases Position

IFP Advisors Inc cut its holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 57.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,522 shares of the company’s stock after selling 51,668 shares during the quarter. IFP Advisors Inc owned 0.13% of SPDR S&P Emerging Markets Dividend ETF worth $1,547,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE raised its position in SPDR S&P Emerging Markets Dividend ETF by 76.8% in the first quarter. Bank of America Corp DE now owns 1,757,472 shares of the company’s stock worth $69,385,000 after acquiring an additional 763,194 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 3.9% during the 1st quarter. Cetera Investment Advisers now owns 1,523,559 shares of the company’s stock worth $60,150,000 after purchasing an additional 56,815 shares in the last quarter. Royal Bank of Canada boosted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 7.9% during the 1st quarter. Royal Bank of Canada now owns 386,601 shares of the company’s stock worth $15,263,000 after purchasing an additional 28,451 shares in the last quarter. Keudell Morrison Wealth Management purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the 1st quarter worth $8,338,000. Finally, Centaurus Financial Inc. boosted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 6.1% during the 1st quarter. Centaurus Financial Inc. now owns 207,668 shares of the company’s stock worth $8,199,000 after purchasing an additional 11,898 shares in the last quarter.

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

Shares of EDIV opened at $40.62 on Thursday. SPDR S&P Emerging Markets Dividend ETF has a 52-week low of $37.85 and a 52-week high of $43.49. The company has a 50-day simple moving average of $41.19 and a 200-day simple moving average of $41.26. The company has a market capitalization of $1.18 billion, a PE 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.