Strategic Financial Concepts LLC Makes New Investment in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Strategic Financial Concepts LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 22,285 shares of the company’s stock, valued at approximately $855,000.

Other institutional investors also recently modified their holdings of the company. State Street Corp raised its stake in 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 in the last quarter. LPL Financial LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares in the last quarter. Life Planning Partners Inc boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3,737.0% in the fourth quarter. Life Planning Partners Inc now owns 431,778 shares of the company’s stock valued at $16,567,000 after buying an additional 420,525 shares during the period. Tidal Investments LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $13,246,000. Finally, Onyx Bridge Wealth Group LLC grew its position in SPDR Portfolio Emerging Markets ETF by 694.6% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock worth $10,142,000 after buying an additional 231,050 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $40.17 on Wednesday. The business has a fifty day moving average price of $38.86 and a two-hundred day moving average price of $39.30. The stock has a market capitalization of $9.54 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $35.00 and a fifty-two week 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.