McClarren Financial Advisors Inc. Buys 2,193 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

McClarren Financial Advisors Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 583.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,569 shares of the company’s stock after acquiring an additional 2,193 shares during the period. McClarren Financial Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $106,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. LPL Financial LLC grew its position in SPDR Portfolio Emerging Markets ETF by 2.4% in the second 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. TIAA Trust National Association raised its stake in SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after purchasing an additional 312,818 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after buying an additional 323,995 shares in the last quarter. Jane Street Group LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 44.4% in the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after buying an additional 747,277 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of SPDR Portfolio Emerging Markets ETF by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock valued at $86,006,000 after buying an additional 31,453 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 1.2 %

Shares of NYSEARCA:SPEM traded up $0.49 during midday trading on Friday, hitting $41.25. The stock had a trading volume of 2,129,590 shares, compared to its average volume of 1,612,351. The company’s 50-day moving average price is $39.52 and its 200-day moving average price is $38.20. The company has a market capitalization of $9.79 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $42.88.

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.