Millington Financial Advisors LLC Has $6.22 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Millington Financial Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.4% during the fourth quarter, Holdings Channel reports. The firm owned 161,507 shares of the company’s stock after acquiring an additional 3,721 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 3.6% of Millington Financial Advisors LLC’s holdings, making the stock its 7th largest holding. Millington Financial Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after buying an additional 1,878 shares during the last quarter. Stifel Financial Corp increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd 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 last quarter. Forbes J M & Co. LLP raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 4th quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock worth $10,174,000 after purchasing an additional 1,728 shares during the period. Advisory Resource Group increased its position in SPDR Portfolio Emerging Markets ETF by 5.4% in the third 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 during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after buying an additional 19,370 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $39.74 on Tuesday. The firm has a market cap of $10.38 billion, a P/E ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $35.00 and a fifty-two week high of $42.88. The business has a 50-day moving average of $38.86 and a 200 day moving average of $39.41.

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.