Financial Insights Inc. Has $7.31 Million Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Financial Insights Inc. decreased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 177,175 shares of the company’s stock after selling 21,556 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 2.4% of Financial Insights Inc.’s portfolio, making the stock its 12th largest holding. Financial Insights Inc. owned approximately 0.07% of SPDR Portfolio Emerging Markets ETF worth $7,314,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of SPEM. Tempus Wealth Planning LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth $299,000. Hofer & Associates. Inc boosted its stake in SPDR Portfolio Emerging Markets ETF by 1.2% during the third quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock worth $1,155,000 after buying an additional 332 shares in the last quarter. Rodgers & Associates LTD lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the third quarter. Rodgers & Associates LTD now owns 348,324 shares of the company’s stock valued at $14,379,000 after acquiring an additional 4,824 shares during the period. Foundations Investment Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 104.9% during the third quarter. Foundations Investment Advisors LLC now owns 39,283 shares of the company’s stock valued at $1,622,000 after acquiring an additional 20,111 shares during the period. Finally, Raleigh Capital Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 23.8% during the third quarter. Raleigh Capital Management Inc. now owns 140,349 shares of the company’s stock valued at $5,794,000 after acquiring an additional 27,009 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $40.96 on Wednesday. The stock has a market cap of $9.72 billion, a PE ratio of 13.05 and a beta of 0.81. The business has a fifty day moving average of $39.65 and a two-hundred day moving average of $38.28. 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 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.