TKG Advisors LLC Has $432,000 Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

TKG Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 11,096 shares of the company’s stock after purchasing an additional 737 shares during the quarter. TKG Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $432,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SPEM. LPL Financial LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after acquiring an additional 476,292 shares during the period. Allworth Financial LP increased its holdings in SPDR Portfolio Emerging Markets ETF by 3.0% in the fourth quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock valued at $250,381,000 after purchasing an additional 189,092 shares during the last quarter. State Street Corp boosted its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares during the last quarter. Assetmark Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.2% in the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after acquiring an additional 204,960 shares during the last quarter. Finally, Townsquare Capital LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 6.5% in the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after acquiring an additional 132,008 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $40.17 on Wednesday. The firm has a 50 day moving average price of $38.86 and a 200 day moving average price of $39.30. The stock has a market cap of $9.54 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88.

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.