SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV – Get Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 19,267 shares, a decrease of 60.3% from the May 31st total of 48,517 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 101,569 shares, the short-interest ratio is currently 0.2 days.
SPDR S&P Emerging Markets Dividend ETF Price Performance
NYSEARCA EDIV opened at $40.96 on Wednesday. The firm’s fifty day moving average price is $41.20 and its 200 day moving average price is $40.74. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $37.81 and a 12 month high of $43.49. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48.
Institutional Trading of SPDR S&P Emerging Markets Dividend ETF
Several institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 1,501.9% during the first quarter. Jane Street Group LLC now owns 95,043 shares of the company’s stock worth $3,393,000 after buying an additional 89,110 shares during the period. Creative Planning increased its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 9.2% in the second quarter. Creative Planning now owns 8,287 shares of the company’s stock valued at $316,000 after purchasing an additional 700 shares during the period. Ameriprise Financial Inc. raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 81.1% during the second quarter. Ameriprise Financial Inc. now owns 85,521 shares of the company’s stock worth $3,254,000 after purchasing an additional 38,298 shares during the last quarter. Bank of America Corp DE raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 97.9% during the second quarter. Bank of America Corp DE now owns 589,465 shares of the company’s stock worth $22,470,000 after purchasing an additional 291,639 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 78.6% during the second quarter. MML Investors Services LLC now owns 109,242 shares of the company’s stock worth $4,164,000 after purchasing an additional 48,061 shares during the period.
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.
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