SRS Capital Advisors Inc. Raises Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

SRS Capital Advisors Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 37,567.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 212,822 shares of the company’s stock after purchasing an additional 212,257 shares during the period. SRS Capital Advisors Inc. owned approximately 0.09% of SPDR Portfolio Emerging Markets ETF worth $8,166,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Glassman Wealth Services purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $100,000. Norden Group LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 5.9% during the fourth quarter. Norden Group LLC now owns 19,510 shares of the company’s stock worth $749,000 after purchasing an additional 1,087 shares during the period. Kohmann Bosshard Financial Services LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 1.4% during the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 49,528 shares of the company’s stock worth $1,900,000 after purchasing an additional 668 shares during the period. Smartleaf Asset Management LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 68.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,754 shares of the company’s stock worth $183,000 after purchasing an additional 1,926 shares during the period. Finally, Maia Wealth LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 34.9% in the 4th quarter. Maia Wealth LLC now owns 14,632 shares of the company’s stock valued at $560,000 after acquiring an additional 3,789 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $38.86 on Friday. The company’s 50 day simple moving average is $38.87 and its 200-day simple moving average is $39.47. The company has a market capitalization of $10.15 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88.

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.