Citadel Advisors LLC Buys 93,249 Shares of SPDR S&P Emerging Markets Dividend ETF $EDIV

Citadel Advisors LLC boosted its stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 620.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 108,274 shares of the company’s stock after acquiring an additional 93,249 shares during the quarter. Citadel Advisors LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $4,435,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in SPDR S&P Emerging Markets Dividend ETF by 76.8% in the first quarter. Bank of America Corp DE now owns 1,757,472 shares of the company’s stock valued at $69,385,000 after buying an additional 763,194 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 3.9% during the first quarter. Cetera Investment Advisers now owns 1,523,559 shares of the company’s stock worth $60,150,000 after buying an additional 56,815 shares in the last quarter. LPL Financial LLC lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 13.7% in the 4th quarter. LPL Financial LLC now owns 1,484,931 shares of the company’s stock valued at $58,135,000 after acquiring an additional 179,405 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 19.3% in the 4th quarter. Wells Fargo & Company MN now owns 982,405 shares of the company’s stock valued at $38,461,000 after acquiring an additional 158,975 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 7.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 485,275 shares of the company’s stock valued at $18,998,000 after acquiring an additional 35,336 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

Shares of EDIV stock opened at $42.24 on Tuesday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 10.27 and a beta of 0.48. SPDR S&P Emerging Markets Dividend ETF has a twelve month low of $37.81 and a twelve month high of $43.49. The stock’s fifty day simple moving average is $41.76 and its 200 day simple moving average is $41.23.

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.