Able Wealth Management LLC Has $949,000 Stock Holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Able Wealth Management LLC raised its stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 21.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,198 shares of the company’s stock after buying an additional 4,470 shares during the period. Able Wealth Management LLC owned 0.21% of SPDR S&P Emerging Markets Dividend ETF worth $949,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. swisspartners Advisors Ltd bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the third quarter worth about $8,069,000. Drake & Associates LLC grew its holdings in SPDR S&P Emerging Markets Dividend ETF by 6.7% during the 3rd quarter. Drake & Associates LLC now owns 196,845 shares of the company’s stock worth $7,415,000 after acquiring an additional 12,435 shares during the last quarter. Centaurus Financial Inc. bought a new stake in SPDR S&P Emerging Markets Dividend ETF during the 2nd quarter worth approximately $6,009,000. Luken Investment Analytics LLC acquired a new position in SPDR S&P Emerging Markets Dividend ETF in the 2nd quarter valued at approximately $5,551,000. Finally, Tower Wealth Partners Inc. raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 0.4% during the third quarter. Tower Wealth Partners Inc. now owns 150,121 shares of the company’s stock valued at $5,655,000 after acquiring an additional 575 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of NYSEARCA:EDIV opened at $35.97 on Friday. SPDR S&P Emerging Markets Dividend ETF has a 52 week low of $29.40 and a 52 week high of $39.23. The firm has a market cap of $424.45 million, a PE ratio of 8.45 and a beta of 0.62. The firm’s fifty day moving average is $36.93 and its 200-day moving average is $35.90.

About SPDR S&P Emerging Markets Dividend ETF

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.