Merit Financial Group LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 164,100 shares of the company’s stock after buying an additional 2,007 shares during the period. Merit Financial Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,297,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the company. Archer Investment Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $39,000. Hershey Financial Advisers LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter worth about $49,000. McClarren Financial Advisors Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 583.2% during the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares during the last quarter. Fortitude Family Office LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $121,000. Finally, Abound Wealth Management increased its position in shares of SPDR Portfolio Emerging Markets ETF by 420.2% during the 4th quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock worth $131,000 after purchasing an additional 2,761 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Up 0.9 %
Shares of SPDR Portfolio Emerging Markets ETF stock opened at $38.26 on Friday. The stock has a market cap of $9.08 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.72 and a 12-month high of $42.88. The business’s 50 day moving average is $39.09 and its 200-day moving average is $39.17.
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.
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