SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stake Raised by AdvisorNet Financial Inc

AdvisorNet Financial Inc lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,874 shares of the company’s stock after buying an additional 581 shares during the period. AdvisorNet Financial Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $184,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Wedmont Private Capital raised its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% during the first quarter. Wedmont Private Capital now owns 43,028 shares of the company’s stock worth $1,593,000 after purchasing an additional 278 shares in the last quarter. WealthPLAN Partners LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.5% in the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock valued at $304,000 after buying an additional 282 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 2.0% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 15,625 shares of the company’s stock valued at $553,000 after buying an additional 301 shares in the last quarter. Verus Capital Partners LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 1.8% during the first quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock worth $623,000 after acquiring an additional 302 shares during the period. Finally, River Street Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 3.1% in the first quarter. River Street Advisors LLC now owns 10,328 shares of the company’s stock worth $374,000 after acquiring an additional 309 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM traded up $0.44 during trading hours on Thursday, hitting $38.17. 499,674 shares of the company’s stock traded hands, compared to its average volume of 1,611,153. The company’s fifty day simple moving average is $37.86 and its two-hundred day simple moving average is $36.85. The company has a market cap of $9.06 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $39.32.

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.