71,993 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Acquired by Shum Financial Group Inc.

Shum Financial Group Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 71,993 shares of the company’s stock, valued at approximately $2,950,000. SPDR Portfolio Emerging Markets ETF comprises 2.5% of Shum Financial Group Inc.’s holdings, making the stock its 8th biggest position.

Other institutional investors have also modified their holdings of the company. United Asset Strategies Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the second quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock worth $283,000 after purchasing an additional 298 shares during the last quarter. Epic Trust Investment Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 3.4% in the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $353,000 after purchasing an additional 304 shares during the last quarter. Beacon Bridge Wealth Partners LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the 2nd quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock worth $1,377,000 after purchasing an additional 313 shares in the last quarter. Hofer & Associates. Inc raised its position in shares of SPDR Portfolio Emerging Markets ETF by 1.2% during the 3rd quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock worth $1,155,000 after purchasing an additional 332 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 0.6% in the 2nd quarter. FSB Premier Wealth Management Inc. now owns 56,917 shares of the company’s stock valued at $2,144,000 after buying an additional 349 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.3 %

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.13 during mid-day trading on Tuesday, hitting $39.19. 54,379 shares of the stock were exchanged, compared to its average volume of 1,587,822. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.52 and a twelve month high of $42.88. The company has a 50-day simple moving average of $40.51 and a 200 day simple moving average of $38.88. The stock has a market capitalization of $9.30 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.