LPL Financial LLC raised its position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM – Get Rating) by 38.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 71,217 shares of the company’s stock after purchasing an additional 19,682 shares during the quarter. LPL Financial LLC owned 9.25% of SPDR MSCI Emerging Markets StrategicFactors ETF worth $3,805,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in QEMM. Envestnet Asset Management Inc. bought a new position in SPDR MSCI Emerging Markets StrategicFactors ETF during the 1st quarter valued at about $291,000. UBS Group AG grew its position in SPDR MSCI Emerging Markets StrategicFactors ETF by 1,721.9% in the 1st quarter. UBS Group AG now owns 1,166 shares of the company’s stock worth $74,000 after purchasing an additional 1,102 shares during the period. Jane Street Group LLC raised its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 209.8% during the 1st quarter. Jane Street Group LLC now owns 40,480 shares of the company’s stock valued at $2,595,000 after buying an additional 27,414 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 18,060 shares of the company’s stock worth $1,158,000 after buying an additional 356 shares during the last quarter. Finally, OLD Mission Capital LLC increased its position in SPDR MSCI Emerging Markets StrategicFactors ETF by 1.8% during the third quarter. OLD Mission Capital LLC now owns 23,372 shares of the company’s stock valued at $1,188,000 after acquiring an additional 416 shares during the last quarter.
SPDR MSCI Emerging Markets StrategicFactors ETF Stock Up 0.3 %
NYSEARCA QEMM opened at $55.67 on Thursday. The firm has a market capitalization of $42.86 million, a P/E ratio of 9.72 and a beta of 0.66. The company has a 50-day moving average price of $55.28 and a 200-day moving average price of $55.14. SPDR MSCI Emerging Markets StrategicFactors ETF has a 52 week low of $49.61 and a 52 week high of $60.61.
About SPDR MSCI Emerging Markets StrategicFactors ETF
The SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an exchange-traded fund that is based on the MSCI EM Factor Mix A-Series (USD) index. The fund tracks an index of emerging-market securities equally-weighted between 3 sub-indexes that focus on value, minimum volatility and quality. QEMM was launched on Jun 4, 2014 and is managed by State Street.
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