McNaughton Wealth Management LLC Grows Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

McNaughton Wealth Management LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,095 shares of the company’s stock after purchasing an additional 1,684 shares during the period. SPDR Portfolio Emerging Markets ETF comprises 2.6% of McNaughton Wealth Management LLC’s holdings, making the stock its 13th biggest holding. McNaughton Wealth Management LLC owned approximately 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,337,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Archer Investment Corp purchased a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $39,000. Hershey Financial Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $49,000. McClarren Financial Advisors Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after acquiring an additional 2,193 shares during the period. Fortitude Family Office LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $121,000. Finally, Abound Wealth Management boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 420.2% in the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock valued at $131,000 after purchasing an additional 2,761 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7 %

SPEM opened at $37.07 on Tuesday. The stock’s fifty day moving average is $39.33 and its two-hundred day moving average is $39.18. The company has a market capitalization of $8.80 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.52 and a 52 week high of $42.88.

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.