RiverTree Advisors LLC Invests $714,000 in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

RiverTree Advisors LLC acquired a new position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,956 shares of the company’s stock, valued at approximately $714,000. SPDR S&P Emerging Markets Dividend ETF comprises 0.5% of RiverTree Advisors LLC’s portfolio, making the stock its 27th biggest position.

A number of other hedge funds have also recently made changes to their positions in the business. Rodgers & Associates LTD lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 2.6% in the 3rd quarter. Rodgers & Associates LTD now owns 50,930 shares of the company’s stock worth $1,919,000 after acquiring an additional 1,280 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 9.1% in the 3rd quarter. Foundations Investment Advisors LLC now owns 8,981 shares of the company’s stock worth $338,000 after acquiring an additional 748 shares during the last quarter. Stratos Wealth Advisors LLC lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 1.6% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 35,451 shares of the company’s stock worth $1,335,000 after acquiring an additional 557 shares during the last quarter. Drake & Associates LLC lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 6.7% in 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. Finally, B.O.S.S. Retirement Advisors LLC bought a new stake in SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter valued at $319,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

NYSEARCA:EDIV traded down $0.02 during midday trading on Thursday, reaching $36.61. 5,594 shares of the stock traded hands, compared to its average volume of 91,300. The company has a fifty day moving average of $36.96 and a 200 day moving average of $35.65. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $28.70 and a 12 month high of $39.23. The stock has a market capitalization of $432.00 million, a P/E ratio of 8.45 and a beta of 0.62.

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.