New England Capital Financial Advisors LLC Boosts Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

New England Capital Financial Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,550 shares of the company’s stock after purchasing an additional 6,482 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 1.6% of New England Capital Financial Advisors LLC’s holdings, making the stock its 15th biggest position. New England Capital Financial Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,604,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TIAA Trust National Association purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $158,614,000. Bank of New York Mellon Corp lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1,703.8% in the third quarter. Bank of New York Mellon Corp now owns 3,355,273 shares of the company’s stock worth $112,636,000 after buying an additional 3,169,265 shares in the last quarter. Financial Gravity Asset Management Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,409.1% in the third quarter. Financial Gravity Asset Management Inc. now owns 2,966,496 shares of the company’s stock worth $99,585,000 after buying an additional 2,848,268 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $36,564,000. Finally, Creative Planning increased its position in SPDR Portfolio Emerging Markets ETF by 4.5% during the third quarter. Creative Planning now owns 24,946,540 shares of the company’s stock worth $837,455,000 after purchasing an additional 1,075,145 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8 %

SPDR Portfolio Emerging Markets ETF stock traded up $0.29 during midday trading on Tuesday, hitting $35.99. 1,580,324 shares of the stock were exchanged, compared to its average volume of 1,909,343. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $37.06. The stock has a market capitalization of $8.54 billion, a price-to-earnings ratio of 12.11 and a beta of 0.78. The stock’s 50-day simple moving average is $35.90 and its 200 day simple moving average is $34.83.

About SPDR Portfolio Emerging Markets ETF

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.