FSA Advisors Inc. Has $298,000 Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

FSA Advisors Inc. reduced its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,769 shares of the company’s stock after selling 348 shares during the quarter. FSA Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $298,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SPEM. Stifel Financial Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 6.7% during the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after purchasing an additional 4,049 shares during the period. Advisory Resource Group boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.4% during the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after buying an additional 3,068 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after buying an additional 19,370 shares during the period. Forbes Financial Planning Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.8% in the 3rd quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock valued at $3,019,000 after acquiring an additional 5,937 shares in the last quarter. Finally, Broadview Financial Management LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 24.4% during the 3rd quarter. Broadview Financial Management LLC now owns 27,003 shares of the company’s stock valued at $1,115,000 after acquiring an additional 5,299 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 1.3 %

Shares of NYSEARCA SPEM opened at $39.04 on Friday. The firm has a market cap of $9.27 billion, a PE ratio of 13.05 and a beta of 0.81. The company’s fifty day simple moving average is $38.95 and its 200 day simple moving average is $39.17. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.94 and a 12-month 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.