Financial Management Professionals Inc. Reduces Position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Financial Management Professionals Inc. lessened its stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 8.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 66,358 shares of the company’s stock after selling 6,020 shares during the period. Financial Management Professionals Inc.’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $2,224,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. grew its position in SPDR S&P Emerging Markets Dividend ETF by 2.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,155 shares of the company’s stock worth $395,000 after purchasing an additional 310 shares during the last quarter. Atria Wealth Solutions Inc. grew its position in SPDR S&P Emerging Markets Dividend ETF by 2.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,189 shares of the company’s stock worth $396,000 after purchasing an additional 344 shares during the last quarter. WealthShield Partners LLC grew its position in SPDR S&P Emerging Markets Dividend ETF by 0.6% during the 4th quarter. WealthShield Partners LLC now owns 70,492 shares of the company’s stock worth $2,292,000 after purchasing an additional 446 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 4th quarter valued at $31,000. Finally, Private Advisor Group LLC boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 9.8% in the 4th quarter. Private Advisor Group LLC now owns 11,659 shares of the company’s stock valued at $379,000 after acquiring an additional 1,037 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

EDIV stock opened at $35.30 on Friday. The firm’s fifty day simple moving average is $35.05 and its 200-day simple moving average is $33.51. The company has a market capitalization of $416.54 million, a P/E ratio of 8.45 and a beta of 0.62. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $28.16 and a 12 month high of $36.16.

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.