CGN Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 2.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 591,164 shares of the company’s stock after buying an additional 14,574 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 2.2% of CGN Advisors LLC’s portfolio, making the stock its 10th largest holding. CGN Advisors LLC owned about 0.18% of SPDR Portfolio Emerging Markets ETF worth $27,672,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in SPEM. Ritholtz Wealth Management raised its stake in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock valued at $907,000 after acquiring an additional 210 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the third quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock worth $1,531,000 after purchasing an additional 222 shares in the last quarter. Echo Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.4% in the third quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock worth $2,894,000 after purchasing an additional 242 shares in the last quarter. Valley Financial Group Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the third quarter. Valley Financial Group Inc. now owns 17,638 shares of the company’s stock valued at $826,000 after purchasing an additional 250 shares during the period. Finally, Stonehaven Wealth & Tax Solutions LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.3% during the second quarter. Stonehaven Wealth & Tax Solutions LLC now owns 90,575 shares of the company’s stock valued at $3,871,000 after purchasing an additional 253 shares during the period.
SPDR Portfolio Emerging Markets ETF Stock Down 0.2%
Shares of NYSEARCA SPEM opened at $46.91 on Friday. The stock has a market cap of $15.67 billion, a P/E ratio of 15.39 and a beta of 0.56. The firm’s 50-day simple moving average is $49.22 and its 200 day simple moving average is $47.67. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $51.35.
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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