Cabot Wealth Management Inc. acquired a new position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 73,735 shares of the company’s stock, valued at approximately $5,922,000. Cabot Wealth Management Inc. owned 10.10% of SPDR MSCI Emerging Markets StrategicFactors ETF as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in QEMM. Integrated Wealth Concepts LLC bought a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the second quarter worth about $27,000. Commonwealth Equity Services LLC bought a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the 3rd quarter worth $361,000. DWM Financial Group Inc. bought a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the 3rd quarter worth $711,000. Ethic Inc. boosted its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 54.0% in the 3rd quarter. Ethic Inc. now owns 8,896 shares of the company’s stock worth $715,000 after buying an additional 3,118 shares during the last quarter. Finally, Aspiriant LLC purchased a new position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF in the 3rd quarter worth about $966,000.
SPDR MSCI Emerging Markets StrategicFactors ETF Stock Performance
QEMM opened at $76.74 on Thursday. The firm has a market cap of $55.64 million, a P/E ratio of 13.59 and a beta of 0.67. The firm has a 50-day moving average of $79.50 and a 200 day moving average of $77.03. SPDR MSCI Emerging Markets StrategicFactors ETF has a fifty-two week low of $63.92 and a fifty-two week high of $83.21.
SPDR MSCI Emerging Markets StrategicFactors ETF Profile
The SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an exchange-traded fund that is based on the MSCI EM Factor Mix A-Series (USD) index. The fund tracks an index of emerging-market securities equally-weighted between 3 sub-indexes that focus on value, minimum volatility and quality. QEMM was launched on Jun 4, 2014 and is managed by State Street.
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