Raymond James Financial Inc. Invests $9.63 Million in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Raymond James Financial Inc. bought a new position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 272,930 shares of the company’s stock, valued at approximately $9,628,000. Raymond James Financial Inc. owned 2.31% of SPDR S&P Emerging Markets Dividend ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. swisspartners Advisors Ltd boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 1.3% in the 4th quarter. swisspartners Advisors Ltd now owns 216,890 shares of the company’s stock worth $7,652,000 after purchasing an additional 2,690 shares during the period. Systelligence LLC lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 13.9% during the 4th quarter. Systelligence LLC now owns 210,993 shares of the company’s stock worth $7,443,000 after acquiring an additional 25,795 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 54.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 105,196 shares of the company’s stock worth $3,711,000 after acquiring an additional 36,974 shares during the last quarter. Trademark Financial Management LLC lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 90.5% during the 4th quarter. Trademark Financial Management LLC now owns 80,256 shares of the company’s stock worth $2,831,000 after acquiring an additional 38,136 shares during the last quarter. Finally, Premier Path Wealth Partners LLC lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 2.6% during the 4th quarter. Premier Path Wealth Partners LLC now owns 72,806 shares of the company’s stock worth $2,568,000 after acquiring an additional 1,843 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of EDIV stock opened at $36.58 on Friday. SPDR S&P Emerging Markets Dividend ETF has a 52-week low of $32.37 and a 52-week high of $39.23. The firm has a market capitalization of $599.91 million, a P/E ratio of 9.70 and a beta of 0.70. The stock has a 50 day moving average price of $35.80 and a 200 day moving average price of $36.07.

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.