Strategic Financial Planning Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 9.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,495 shares of the company’s stock after buying an additional 3,838 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.2% of Strategic Financial Planning Inc.’s investment portfolio, making the stock its 20th largest holding. Strategic Financial Planning Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,795,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 19.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,990 shares of the company’s stock valued at $141,000 after acquiring an additional 661 shares during the last quarter. Cornerstone Wealth Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 7.7% in the 1st quarter. Cornerstone Wealth Management LLC now owns 51,201 shares of the company’s stock valued at $1,853,000 after purchasing an additional 3,640 shares in the last quarter. Norden Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $879,000. Private Advisor Group LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 3.3% during the 1st quarter. Private Advisor Group LLC now owns 1,336,135 shares of the company’s stock worth $48,355,000 after purchasing an additional 42,704 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth $1,384,000.
SPDR Portfolio Emerging Markets ETF Trading Down 0.7 %
Shares of NYSEARCA SPEM opened at $40.29 on Thursday. The stock has a market cap of $9.56 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.23 and a 12-month high of $42.88. The company has a 50-day moving average of $39.91 and a 200 day moving average of $38.43.
SPDR Portfolio Emerging Markets ETF Profile
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.
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