LexAurum Advisors LLC Purchases 9,190 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

LexAurum Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.0% during the 4th quarter, Holdings Channel reports. The fund owned 163,414 shares of the company’s stock after purchasing an additional 9,190 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.2% of LexAurum Advisors LLC’s investment portfolio, making the stock its 17th biggest position. LexAurum Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,270,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. RFG Advisory LLC increased its position in SPDR Portfolio Emerging Markets ETF by 12.8% in the fourth quarter. RFG Advisory LLC now owns 144,796 shares of the company’s stock worth $5,556,000 after purchasing an additional 16,399 shares during the last quarter. ONE Advisory Partners LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.8% in the 4th quarter. ONE Advisory Partners LLC now owns 78,168 shares of the company’s stock worth $2,999,000 after buying an additional 609 shares in the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.9% in the 4th quarter. Cornerstone Wealth Management LLC now owns 63,793 shares of the company’s stock worth $2,448,000 after buying an additional 6,278 shares during the last quarter. Brighton Jones LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $289,000. Finally, New Century Financial Group LLC grew its position in SPDR Portfolio Emerging Markets ETF by 18.4% in the fourth quarter. New Century Financial Group LLC now owns 24,317 shares of the company’s stock worth $935,000 after acquiring an additional 3,776 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $38.73 on Friday. The stock has a market capitalization of $9.19 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 $33.94 and a 1-year high of $42.88. The business’s 50 day moving average is $39.02 and its two-hundred day moving average is $39.17.

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.