Lockerman Financial Group Inc. Has $790,000 Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Lockerman Financial Group Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 19,140 shares of the company’s stock after acquiring an additional 2,321 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 1.3% of Lockerman Financial Group Inc.’s holdings, making the stock its 19th biggest holding. Lockerman Financial Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $790,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after purchasing an additional 323,995 shares during the last quarter. US Bancorp DE raised its position in shares of SPDR Portfolio Emerging Markets ETF by 40.9% in the first quarter. US Bancorp DE now owns 13,995 shares of the company’s stock valued at $506,000 after purchasing an additional 4,063 shares during the period. Forbes Financial Planning Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 104.7% during the 2nd quarter. Forbes Financial Planning Inc. now owns 67,199 shares of the company’s stock worth $2,531,000 after buying an additional 34,371 shares during the last quarter. Boltwood Capital Management boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.9% during the 1st quarter. Boltwood Capital Management now owns 110,655 shares of the company’s stock worth $4,005,000 after buying an additional 3,087 shares during the period. Finally, Raymond James & Associates grew its stake in SPDR Portfolio Emerging Markets ETF by 9.1% in the 2nd quarter. Raymond James & Associates now owns 237,873 shares of the company’s stock valued at $8,961,000 after buying an additional 19,939 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 2.1 %

SPEM stock traded down $0.86 during mid-day trading on Tuesday, hitting $40.55. The stock had a trading volume of 1,079,746 shares, compared to its average volume of 1,614,784. The firm has a fifty day simple moving average of $39.20 and a 200 day simple moving average of $38.09. The firm has a market capitalization of $9.63 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 $32.06 and a 52 week high of $42.88.

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.