Winch Advisory Services LLC Raises Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Winch Advisory Services LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 68,161 shares of the company’s stock after buying an additional 602 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 0.7% of Winch Advisory Services LLC’s investment portfolio, making the stock its 29th biggest holding. Winch Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,615,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Archer Investment Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $39,000. Hershey Financial Advisers LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $49,000. McClarren Financial Advisors Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after buying an additional 2,193 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $121,000. Finally, Abound Wealth Management boosted its holdings in SPDR Portfolio Emerging Markets ETF by 420.2% in the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock worth $131,000 after acquiring an additional 2,761 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 1.2 %

SPEM opened at $37.96 on Thursday. The company has a market cap of $9.01 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm’s 50-day moving average price is $39.21 and its 200-day moving average price is $39.17. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.52 and a 52-week high of $42.88.

SPDR Portfolio Emerging Markets ETF Company 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.