EP Wealth Advisors LLC Makes New Investment in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

EP Wealth Advisors LLC bought a new position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 3,061 shares of the company’s stock, valued at approximately $108,000.

A number of other institutional investors have also added to or reduced their stakes in EDIV. JPMorgan Chase & Co. bought a new position in SPDR S&P Emerging Markets Dividend ETF in the 3rd quarter worth about $155,000. Redhawk Wealth Advisors Inc. boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 11.0% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 72,801 shares of the company’s stock worth $2,568,000 after purchasing an additional 7,233 shares in the last quarter. RDA Financial Network boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 5.9% in the 4th quarter. RDA Financial Network now owns 36,972 shares of the company’s stock worth $1,304,000 after purchasing an additional 2,050 shares in the last quarter. Premier Path Wealth Partners LLC boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 2.6% in the 4th quarter. Premier Path Wealth Partners LLC now owns 72,806 shares of the company’s stock worth $2,568,000 after purchasing an additional 1,843 shares in the last quarter. Finally, RiverTree Advisors LLC boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 85.5% in the 4th quarter. RiverTree Advisors LLC now owns 35,162 shares of the company’s stock worth $1,240,000 after purchasing an additional 16,206 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Trading Up 0.3%

EDIV opened at $37.82 on Friday. The stock has a 50-day moving average price of $35.89 and a 200-day moving average price of $35.69. SPDR S&P Emerging Markets Dividend ETF has a 12-month low of $32.36 and a 12-month high of $39.23. The stock has a market capitalization of $686.43 million, a P/E ratio of 9.67 and a beta of 0.56.

SPDR S&P Emerging Markets Dividend ETF 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.