SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.5% in the third quarter, HoldingsChannel.com reports. The firm owned 71,225 shares of the company’s stock after acquiring an additional 4,972 shares during the period. Financial Advocates Investment Management’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. WealthPLAN Partners LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.5% during the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock valued at $304,000 after acquiring an additional 282 shares during the period. United Asset Strategies Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the second quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock valued at $283,000 after acquiring an additional 298 shares during the period. Verus Capital Partners LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the first quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock valued at $623,000 after acquiring an additional 302 shares during the period. Epic Trust Investment Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.4% during the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $353,000 after purchasing an additional 304 shares in the last quarter. Finally, Beacon Bridge Wealth Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the second quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock valued at $1,377,000 after purchasing an additional 313 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7 %

Shares of NYSEARCA SPEM opened at $40.29 on Thursday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.23 and a fifty-two week high of $42.88. The firm’s 50-day simple moving average is $39.91 and its 200 day simple moving average is $38.43. The stock has a market cap of $9.56 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.