Advisory Alpha LLC Grows Position in SPDR Portfolio Emerging Markets ETF $SPEM

Advisory Alpha LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,175,525 shares of the company’s stock after acquiring an additional 36,538 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.5% of Advisory Alpha LLC’s holdings, making the stock its 12th biggest holding. Advisory Alpha LLC owned approximately 0.38% of SPDR Portfolio Emerging Markets ETF worth $55,473,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Hantz Financial Services Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after purchasing an additional 589 shares during the last quarter. First Horizon Corp bought a new position in SPDR Portfolio Emerging Markets ETF during the third quarter valued at $29,000. Stone House Investment Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth $40,000. Addison Advisors LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $49,000. Finally, Blue Trust Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after buying an additional 1,035 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.9%

Shares of NYSEARCA SPEM opened at $48.44 on Thursday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35. The firm’s 50-day moving average price is $49.18 and its 200-day moving average price is $47.46. The stock has a market capitalization of $16.18 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56.

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.