Savvy Advisors Inc. Acquires 456,616 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Savvy Advisors Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 144.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 772,689 shares of the company’s stock after buying an additional 456,616 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 1.2% of Savvy Advisors Inc.’s investment portfolio, making the stock its 13th largest holding. Savvy Advisors Inc. owned about 0.23% of SPDR Portfolio Emerging Markets ETF worth $36,170,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPEM. Hantz Financial Services Inc. grew its holdings 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 period. First Horizon Corp bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $29,000. Front Row Advisors LLC raised its holdings in shares of 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 purchasing an additional 460 shares during the period. Stone House Investment Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $40,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 135.0% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 1,008 shares of the company’s stock worth $47,000 after purchasing an additional 579 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $46.76 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $51.35. The company has a market cap of $16.03 billion, a PE ratio of 15.39 and a beta of 0.56. The stock has a 50-day moving average of $48.69 and a 200-day moving average of $47.77.

About SPDR Portfolio Emerging Markets ETF

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.