Virtu Financial LLC Grows Position in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM)

Virtu Financial LLC grew its stake in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) by 44.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,343 shares of the company’s stock after purchasing an additional 3,167 shares during the period. Virtu Financial LLC owned about 1.33% of SPDR MSCI Emerging Markets StrategicFactors ETF worth $597,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. lifted its position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 10.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 12,554 shares of the company’s stock valued at $718,000 after buying an additional 1,143 shares in the last quarter. NBC Securities Inc. lifted its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 111.3% in the 4th quarter. NBC Securities Inc. now owns 1,475 shares of the company’s stock valued at $84,000 after purchasing an additional 777 shares in the last quarter. Advisory Services Network LLC lifted its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 6.5% in the 4th quarter. Advisory Services Network LLC now owns 16,954 shares of the company’s stock valued at $969,000 after purchasing an additional 1,039 shares in the last quarter. Edge Financial Advisors LLC acquired a new stake in SPDR MSCI Emerging Markets StrategicFactors ETF during the 1st quarter worth $1,322,000. Finally, Premier Path Wealth Partners LLC grew its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 53.8% during the first quarter. Premier Path Wealth Partners LLC now owns 33,007 shares of the company’s stock worth $1,905,000 after buying an additional 11,541 shares in the last quarter.

SPDR MSCI Emerging Markets StrategicFactors ETF Stock Performance

Shares of QEMM stock traded down $0.63 during trading hours on Friday, reaching $58.01. The company had a trading volume of 472 shares, compared to its average volume of 2,795. The stock has a fifty day moving average of $58.87 and a 200-day moving average of $57.91. The company has a market capitalization of $44.96 million, a price-to-earnings ratio of 10.98 and a beta of 0.69. SPDR MSCI Emerging Markets StrategicFactors ETF has a 12-month low of $52.20 and a 12-month high of $60.71.

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.