Cabot Wealth Management Inc. Increases Holdings in SPDR MSCI Emerging Markets StrategicFactors ETF $QEMM

Cabot Wealth Management Inc. increased its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) by 2.5% in the second quarter, Holdings Channel reports. The firm owned 28,364 shares of the company’s stock after acquiring an additional 692 shares during the period. Cabot Wealth Management Inc.’s holdings in SPDR MSCI Emerging Markets StrategicFactors ETF were worth $1,788,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. OLD Mission Capital LLC lifted its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 53.4% in the 1st quarter. OLD Mission Capital LLC now owns 24,120 shares of the company’s stock worth $1,391,000 after buying an additional 8,400 shares in the last quarter. Jane Street Group LLC lifted its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 145.2% in the 1st quarter. Jane Street Group LLC now owns 23,599 shares of the company’s stock worth $1,361,000 after buying an additional 13,973 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 173.4% in the 1st quarter. Flow Traders U.S. LLC now owns 9,868 shares of the company’s stock worth $569,000 after buying an additional 6,259 shares in the last quarter. Finally, Strategic Financial Partners Ltd. acquired a new position in SPDR MSCI Emerging Markets StrategicFactors ETF in the 1st quarter worth $228,000.

SPDR MSCI Emerging Markets StrategicFactors ETF Price Performance

Shares of QEMM stock opened at $68.51 on Friday. SPDR MSCI Emerging Markets StrategicFactors ETF has a 12 month low of $51.72 and a 12 month high of $69.31. The firm has a market capitalization of $43.16 million, a P/E ratio of 14.30 and a beta of 0.66. The company’s fifty day moving average price is $65.96 and its two-hundred day moving average price is $62.84.

SPDR MSCI Emerging Markets StrategicFactors ETF Company Profile

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.