McAdam LLC Buys 597 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

McAdam LLC grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,000 shares of the company’s stock after acquiring an additional 597 shares during the period. McAdam LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,179,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $27,000. Lynx Investment Advisory bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $35,000. Hershey Financial Advisers LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $49,000. Strategic Financial Concepts LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 649.3% during the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after acquiring an additional 128,861 shares during the last quarter. Finally, American National Bank lifted its position in SPDR Portfolio Emerging Markets ETF by 132.0% during the second quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after acquiring an additional 1,020 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7 %

NYSEARCA:SPEM opened at $40.67 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.16 and a 52 week high of $42.88. The firm has a 50 day moving average of $39.71 and a 200 day moving average of $38.30. The stock has a market capitalization of $9.66 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.