Park Avenue Securities LLC Increases Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Park Avenue Securities LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 681,531 shares of the company’s stock after purchasing an additional 44,934 shares during the quarter. Park Avenue Securities LLC owned approximately 0.29% of SPDR Portfolio Emerging Markets ETF worth $26,150,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPEM. Hofer & Associates. Inc grew its holdings in SPDR Portfolio Emerging Markets ETF by 1.2% in the third quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock worth $1,155,000 after purchasing an additional 332 shares during the last quarter. City State Bank increased its stake in SPDR Portfolio Emerging Markets ETF by 1.6% during the 4th quarter. City State Bank now owns 21,271 shares of the company’s stock valued at $816,000 after purchasing an additional 335 shares in the last quarter. Boston Mountain Money Management Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.5% in the third quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock worth $3,273,000 after buying an additional 376 shares during the last quarter. Probity Advisors Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.3% during the third quarter. Probity Advisors Inc. now owns 129,860 shares of the company’s stock valued at $5,361,000 after buying an additional 380 shares during the last quarter. Finally, Landmark Wealth Management LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 5.3% in the 3rd quarter. Landmark Wealth Management LLC now owns 7,704 shares of the company’s stock worth $318,000 after acquiring an additional 391 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $37.51 on Wednesday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88. The company has a market cap of $8.90 billion, a PE ratio of 13.05 and a beta of 0.81. The business’s 50-day simple moving average is $39.26 and its two-hundred day simple moving average is $39.18.

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.