Farther Finance Advisors LLC Increases Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Farther Finance Advisors LLC grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 45.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,564 shares of the company’s stock after buying an additional 18,303 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,741,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Verus Capital Partners LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 1.3% in the 2nd quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock worth $787,000 after acquiring an additional 235 shares during the last quarter. Vestia Personal Wealth Advisors lifted its position in SPDR Portfolio Emerging Markets ETF by 3.1% during the second quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock valued at $334,000 after buying an additional 236 shares during the period. Rockbridge Investment Management LCC lifted its position in SPDR Portfolio Emerging Markets ETF by 1.0% during the 2nd quarter. Rockbridge Investment Management LCC now owns 25,083 shares of the company’s stock valued at $1,072,000 after acquiring an additional 239 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.5% during the second quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock valued at $722,000 after purchasing an additional 244 shares during the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 0.3% in the second quarter. Stonehaven Wealth & Tax Solutions LLC now owns 90,575 shares of the company’s stock worth $3,871,000 after acquiring an additional 253 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $46.73 on Friday. The company has a market cap of $14.43 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $48.56. The firm’s 50 day moving average price is $47.11 and its 200-day moving average price is $45.33.

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.