Foundations Investment Advisors LLC Sells 423 Shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Foundations Investment Advisors LLC decreased its stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 4.7% during the fourth quarter, HoldingsChannel reports. The firm owned 8,558 shares of the company’s stock after selling 423 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $302,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in SPDR S&P Emerging Markets Dividend ETF by 19.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 81,863 shares of the company’s stock valued at $2,890,000 after acquiring an additional 13,140 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 200.7% during the second quarter. Cetera Investment Advisers now owns 100,341 shares of the company’s stock valued at $3,542,000 after purchasing an additional 66,974 shares in the last quarter. Financial Advisory Partners LLC grew its stake in SPDR S&P Emerging Markets Dividend ETF by 6.0% in the third quarter. Financial Advisory Partners LLC now owns 7,212 shares of the company’s stock worth $272,000 after purchasing an additional 406 shares during the period. Simplicity Wealth LLC bought a new position in SPDR S&P Emerging Markets Dividend ETF in the third quarter worth $262,000. Finally, Redhawk Wealth Advisors Inc. lifted its position in SPDR S&P Emerging Markets Dividend ETF by 0.6% during the third quarter. Redhawk Wealth Advisors Inc. now owns 65,568 shares of the company’s stock valued at $2,470,000 after buying an additional 406 shares during the period.

SPDR S&P Emerging Markets Dividend ETF Price Performance

NYSEARCA:EDIV opened at $35.50 on Friday. SPDR S&P Emerging Markets Dividend ETF has a 1-year low of $31.90 and a 1-year high of $39.23. The company has a market capitalization of $418.90 million, a PE ratio of 8.45 and a beta of 0.62. The firm’s 50-day moving average price is $35.32 and its 200-day moving average price is $35.94.

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.