Kestra Investment Management LLC Acquires 46,983 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Kestra Investment Management LLC grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 19.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 289,201 shares of the company’s stock after acquiring an additional 46,983 shares during the quarter. Kestra Investment Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $11,097,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of SPEM. Archer Investment Corp bought a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $39,000. Strategic Wealth Investment Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $46,000. Blue Trust Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth 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 during the period. McClarren Financial Advisors Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $121,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

SPEM opened at $40.01 on Tuesday. The firm’s fifty day simple moving average is $38.88 and its 200 day simple moving average is $39.28. The stock has a market capitalization of $9.50 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.98 and a 12 month high of $42.88.

About SPDR Portfolio Emerging Markets ETF

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.