SouthState Corp Invests $105,000 in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

SouthState Corp acquired a new stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,983 shares of the company’s stock, valued at approximately $105,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EDIV. Triad Wealth Partners LLC purchased a new stake in SPDR S&P Emerging Markets Dividend ETF in the second quarter valued at $51,000. Pineridge Advisors LLC acquired a new position in SPDR S&P Emerging Markets Dividend ETF in the fourth quarter valued at about $129,000. Continuum Advisory LLC boosted its stake in SPDR S&P Emerging Markets Dividend ETF by 27.2% during the second quarter. Continuum Advisory LLC now owns 4,279 shares of the company’s stock worth $151,000 after buying an additional 915 shares during the period. Calton & Associates Inc. purchased a new position in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth about $235,000. Finally, ESG Planning DBA Harper Investing acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the first quarter valued at about $378,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of EDIV stock opened at $36.59 on Friday. The firm has a market cap of $431.76 million, a P/E ratio of 8.45 and a beta of 0.62. The firm’s 50 day moving average price is $35.71 and its 200-day moving average price is $34.77. SPDR S&P Emerging Markets Dividend ETF has a one year low of $28.70 and a one year high of $36.88.

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.