Chaney Capital Management Inc. Has $14.36 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Chaney Capital Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 374,142 shares of the company’s stock after acquiring an additional 50,043 shares during the period. SPDR Portfolio Emerging Markets ETF comprises 6.8% of Chaney Capital Management Inc.’s investment portfolio, making the stock its 4th largest holding. Chaney Capital Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $14,356,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Archer Investment Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $39,000. Strategic Wealth Investment Group LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $46,000. Blue Trust Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 474.2% during the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after buying an additional 1,878 shares in the last quarter. McClarren Financial Advisors Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after buying an additional 2,193 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $121,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $39.18 on Friday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.30 and a 1-year high of $42.88. The company has a 50-day moving average of $38.91 and a 200 day moving average of $39.19. The firm has a market capitalization of $9.30 billion, a price-to-earnings 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.