David Kennon Inc Purchases 2,062 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

David Kennon Inc increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 158,962 shares of the company’s stock after buying an additional 2,062 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 2.6% of David Kennon Inc’s holdings, making the stock its 14th biggest holding. David Kennon Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,562,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Guidance Capital Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.0% during the third quarter. Guidance Capital Inc. now owns 35,305 shares of the company’s stock valued at $1,456,000 after buying an additional 3,216 shares during the last quarter. Tempus Wealth Planning LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $299,000. Hofer & Associates. Inc grew its holdings in SPDR Portfolio Emerging Markets ETF by 1.2% in the third quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock worth $1,155,000 after purchasing an additional 332 shares during the period. Rodgers & Associates LTD increased its stake in SPDR Portfolio Emerging Markets ETF by 1.4% during the 3rd quarter. Rodgers & Associates LTD now owns 348,324 shares of the company’s stock valued at $14,379,000 after purchasing an additional 4,824 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 104.9% in the 3rd quarter. Foundations Investment Advisors LLC now owns 39,283 shares of the company’s stock worth $1,622,000 after buying an additional 20,111 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7 %

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.28 during trading hours on Wednesday, reaching $40.68. 440,794 shares of the stock traded hands, compared to its average volume of 1,599,343. The company has a 50 day moving average price of $39.65 and a 200 day moving average price of $38.28. SPDR Portfolio Emerging Markets ETF has a one year low of $32.16 and a one year high of $42.88. The firm has a market capitalization of $9.66 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.