Stratos Wealth Partners Expands Stake in SPDR S&P Emerging Markets ETF

Stratos Wealth Partners LTD. has increased its investment in the SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA: EWX) by 6.4% during the second quarter of 2023. The institutional investor now holds a total of 54,158 shares in the ETF after acquiring an additional 3,255 shares during this period, according to reports from Holdings Channel. This increase values Stratos Wealth Partners’ holdings at approximately $3,359,000 based on its most recent filing with the U.S. Securities and Exchange Commission (SEC).

Other investment firms have also adjusted their positions in the SPDR S&P Emerging Markets SmallCap ETF. Notably, Jones Financial Companies Lllp significantly raised its stake by 653.1% in the first quarter of 2023, now owning 87,519 shares valued at $4,956,000 after purchasing 75,898 shares. Additionally, rebel Financial LLC entered a new position in the ETF during the second quarter, investing approximately $3,645,000. Other hedge funds, such as Bogart Wealth LLC and Kingstone Capital Partners Texas LLC, have also made substantial investments, further demonstrating growing interest in this ETF.

Market Performance and Overview

As of the latest trading session, the SPDR S&P Emerging Markets SmallCap ETF opened at $66.70, reflecting a slight decline of 0.6%. The ETF has a market capitalization of $720.36 million, a price-to-earnings ratio of 16.20, and a beta of 0.79, indicating less volatility compared to the broader market. The ETF’s performance in the past year has seen fluctuations, with a 12-month low of $49.47 and a high of $68.65.

The SPDR S&P Emerging Markets SmallCap ETF aims to provide investment results that closely align with the total return performance of the S&P Emerging Markets Under USD2 Billion Index. This index is designed to represent the small-capitalization sector of emerging markets, focusing on stocks with a market capitalization of under $2 billion included in the S&P Global BMI Index.

Investors seeking detailed information on other hedge fund activities related to the SPDR S&P Emerging Markets SmallCap ETF can visit Holdings Channel for the latest filings and insider trades. As the interest in emerging market investments continues to grow, the strategic moves by firms like Stratos Wealth Partners and others highlight a significant trend in the investment landscape.