Peak Financial Management Inc. Purchases 3,780 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Peak Financial Management Inc. grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 236,721 shares of the company’s stock after purchasing an additional 3,780 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 2.9% of Peak Financial Management Inc.’s investment portfolio, making the stock its 10th biggest position. Peak Financial Management Inc. owned about 0.10% of SPDR Portfolio Emerging Markets ETF worth $9,772,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter worth approximately $27,000. Lynx Investment Advisory acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $35,000. Hershey Financial Advisers LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $49,000. Strategic Financial Concepts LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after purchasing an additional 128,861 shares in the last quarter. Finally, American National Bank boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 132.0% in the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after purchasing an additional 1,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM traded down $0.86 during trading hours on Tuesday, reaching $40.55. The stock had a trading volume of 1,079,746 shares, compared to its average volume of 1,614,784. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $42.88. The stock has a market capitalization of $9.63 billion, a PE ratio of 13.05 and a beta of 0.81. The company’s 50-day moving average is $39.20 and its two-hundred day moving average is $38.09.

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.