Cobblestone Asset Management LLC Buys 47,565 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Cobblestone Asset Management LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 25.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 231,738 shares of the company’s stock after purchasing an additional 47,565 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 4.9% of Cobblestone Asset Management LLC’s portfolio, making the stock its 6th largest holding. Cobblestone Asset Management LLC owned 0.07% of SPDR Portfolio Emerging Markets ETF worth $10,848,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after acquiring an additional 589 shares during the period. First Horizon Corp bought a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $29,000. Front Row Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the period. Stone House Investment Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $40,000. Finally, Barnes Dennig Private Wealth Management LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 135.0% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 1,008 shares of the company’s stock valued at $47,000 after purchasing an additional 579 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $46.91 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $51.35. The firm has a market capitalization of $15.67 billion, a PE ratio of 15.39 and a beta of 0.56. The business’s 50-day simple moving average is $48.82 and its 200-day simple moving average is $47.77.

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.