Atomi Financial Group Inc. Grows Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Atomi Financial Group Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 34,094 shares of the company’s stock after purchasing an additional 4,470 shares during the quarter. Atomi Financial Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,234,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Anchor Investment Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $28,000. American National Bank increased its stake in SPDR Portfolio Emerging Markets ETF by 179.0% during the 4th quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after buying an additional 519 shares in the last quarter. Frazier Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $32,000. WASHINGTON TRUST Co purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $44,000. Finally, Tsfg LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $70,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.9 %

NYSEARCA:SPEM traded down $0.35 during trading hours on Monday, reaching $38.84. 336,247 shares of the stock were exchanged, compared to its average volume of 1,665,278. The company has a market capitalization of $9.22 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.06 and a twelve month high of $39.32. The business has a 50-day moving average of $38.00 and a two-hundred day moving average of $36.37.

About SPDR Portfolio Emerging Markets ETF

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.