Alliance Wealth Management Group Increases Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Alliance Wealth Management Group increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 99,234 shares of the company’s stock after buying an additional 2,192 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 1.0% of Alliance Wealth Management Group’s holdings, making the stock its 29th largest position. Alliance Wealth Management Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,808,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Blue Trust Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 474.2% in 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 during the period. Stifel Financial Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after acquiring an additional 4,049 shares in the last quarter. Forbes J M & Co. LLP boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the fourth quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock valued at $10,174,000 after acquiring an additional 1,728 shares in the last quarter. Advisory Resource Group increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.4% during the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after acquiring an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in SPDR Portfolio Emerging Markets ETF by 3.1% during the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after purchasing an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.2 %

Shares of NYSEARCA:SPEM opened at $39.37 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The company has a 50-day moving average price of $39.51 and a 200 day moving average price of $39.70. The company has a market cap of $10.41 billion, a P/E ratio of 14.84 and a beta of 0.67.

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.