Park Avenue Securities LLC Grows Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Park Avenue Securities LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 681,531 shares of the company’s stock after acquiring an additional 44,934 shares during the period. Park Avenue Securities LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $26,150,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SPEM. Archer Investment Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $39,000. Hershey Financial Advisers LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at about $49,000. McClarren Financial Advisors Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after acquiring an additional 2,193 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $121,000. Finally, Abound Wealth Management boosted its holdings in SPDR Portfolio Emerging Markets ETF by 420.2% in the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock valued at $131,000 after purchasing an additional 2,761 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 1.2 %

SPEM stock opened at $37.51 on Wednesday. The company’s 50 day moving average is $39.26 and its two-hundred day moving average is $39.18. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.52 and a twelve month high of $42.88. The stock has a market cap of $8.90 billion, a P/E 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.