OLD Mission Capital LLC Buys New Shares in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM)

OLD Mission Capital LLC purchased a new position in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 15,720 shares of the company’s stock, valued at approximately $897,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Premier Path Wealth Partners LLC grew its stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 5.9% during the 4th quarter. Premier Path Wealth Partners LLC now owns 42,260 shares of the company’s stock valued at $2,411,000 after buying an additional 2,338 shares during the period. Virtu Financial LLC increased its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 79.3% during the fourth quarter. Virtu Financial LLC now owns 40,622 shares of the company’s stock worth $2,318,000 after acquiring an additional 17,961 shares during the last quarter. Cabot Wealth Management Inc. increased its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 5.5% during the fourth quarter. Cabot Wealth Management Inc. now owns 26,341 shares of the company’s stock worth $1,503,000 after acquiring an additional 1,372 shares during the last quarter. Finally, Ariadne Wealth Management LP raised its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 9.0% in the 4th quarter. Ariadne Wealth Management LP now owns 12,471 shares of the company’s stock worth $727,000 after purchasing an additional 1,027 shares during the period.

SPDR MSCI Emerging Markets StrategicFactors ETF Stock Performance

Shares of NYSEARCA:QEMM opened at $54.24 on Friday. The stock has a 50-day simple moving average of $57.95 and a 200-day simple moving average of $59.29. The stock has a market capitalization of $35.26 million, a P/E ratio of 13.46 and a beta of 0.64. SPDR MSCI Emerging Markets StrategicFactors ETF has a 1 year low of $53.84 and a 1 year high of $64.52.

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.