Global Financial Private Client LLC Increases Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Global Financial Private Client LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,585 shares of the company’s stock after acquiring an additional 6,237 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 0.7% of Global Financial Private Client LLC’s investment portfolio, making the stock its 28th biggest position. Global Financial Private Client LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,755,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. CFS Investment Advisory Services LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 4.5% in the fourth quarter. CFS Investment Advisory Services LLC now owns 103,296 shares of the company’s stock valued at $3,658,000 after purchasing an additional 4,447 shares during the last quarter. Private Advisor Group LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 14.4% in the 4th quarter. Private Advisor Group LLC now owns 1,293,431 shares of the company’s stock valued at $45,800,000 after acquiring an additional 162,689 shares during the last quarter. Savvy Advisors Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $597,000. Valley Financial Group Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $4,849,000. Finally, Cozad Asset Management Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 21.3% during the fourth quarter. Cozad Asset Management Inc. now owns 17,605 shares of the company’s stock worth $623,000 after acquiring an additional 3,088 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.3 %

Shares of SPEM stock traded up $0.10 during trading hours on Friday, hitting $38.59. The company’s stock had a trading volume of 744,678 shares, compared to its average volume of 1,574,337. The business has a fifty day moving average of $38.02 and a 200-day moving average of $37.17. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.06 and a twelve month high of $39.32. The stock has a market cap of $9.16 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.