Advisory Resource Group Increases Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Advisory Resource Group lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 66,652 shares of the company’s stock after purchasing an additional 6,439 shares during the period. Advisory Resource Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,557,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SPEM. State Street Corp lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the period. LPL Financial LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after purchasing an additional 476,292 shares during the period. Tidal Investments LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $13,246,000. Onyx Bridge Wealth Group LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 694.6% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock worth $10,142,000 after purchasing an additional 231,050 shares during the period. Finally, Assetmark Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.2% in the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after purchasing an additional 204,960 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $39.18 on Friday. The company has a 50 day moving average price of $38.91 and a 200-day moving average price of $39.19. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.30 and a fifty-two week high of $42.88. The stock has a market capitalization of $9.30 billion, a PE ratio of 13.05 and a beta of 0.81.

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.