Allen Capital Group LLC Buys 21,301 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Allen Capital Group LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 372,869 shares of the company’s stock after purchasing an additional 21,301 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 1.9% of Allen Capital Group LLC’s holdings, making the stock its 12th biggest holding. Allen Capital Group LLC owned approximately 0.16% of SPDR Portfolio Emerging Markets ETF worth $15,392,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of SPEM. Rothschild Investment LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at approximately $27,000. Lynx Investment Advisory purchased a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $35,000. Archer Investment Corp purchased a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $39,000. Hershey Financial Advisers LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $49,000. Finally, Strategic Financial Concepts LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 649.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after acquiring an additional 128,861 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.4 %

SPEM opened at $39.31 on Friday. The business has a fifty day moving average of $40.47 and a 200 day moving average of $38.84. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.52 and a 52-week high of $42.88. The stock has a market cap of $9.33 billion, a P/E 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.