Range Financial Group LLC Buys 10,634 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Range Financial Group LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 89.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,513 shares of the company’s stock after purchasing an additional 10,634 shares during the quarter. Range Financial Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $864,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 649.3% in the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after acquiring an additional 128,861 shares in the last quarter. Truefg LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 1.0% in the 2nd quarter. Truefg LLC now owns 257,473 shares of the company’s stock worth $9,699,000 after purchasing an additional 2,534 shares in the last quarter. Greenwood Gearhart Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $266,000. LPL Financial LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 2.4% during the 2nd quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after purchasing an additional 218,418 shares in the last quarter. Finally, Bahl & Gaynor Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at approximately $212,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5 %

Shares of NYSEARCA:SPEM traded down $0.20 on Tuesday, hitting $38.28. 1,382,614 shares of the company were exchanged, compared to its average volume of 2,143,773. The firm has a market capitalization of $9.09 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.52 and a 1-year high of $42.88. The stock’s 50 day moving average price is $39.59 and its 200 day moving average price is $39.18.

SPDR Portfolio Emerging Markets ETF Company 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.