First Financial Group Corp Takes $214,000 Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

First Financial Group Corp acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 5,571 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds have also recently bought and sold shares of SPEM. Compass Planning Associates Inc acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Archer Investment Corp bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $39,000. Strategic Wealth Investment Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $46,000. Rialto Wealth Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $60,000. Finally, SBI Securities Co. Ltd. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $64,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $40.08 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88. The stock’s fifty day moving average is $39.04 and its 200-day moving average is $39.53. The firm has a market capitalization of $10.60 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67.

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.