Proffitt & Goodson Inc. Has $4.69 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Proffitt & Goodson Inc. increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,639 shares of the company’s stock after buying an additional 9,278 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.7% of Proffitt & Goodson Inc.’s investment portfolio, making the stock its 21st biggest holding. Proffitt & Goodson Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,686,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Venturi Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 21.8% in the 2nd quarter. Venturi Wealth Management LLC now owns 607,931 shares of the company’s stock valued at $25,983,000 after buying an additional 108,757 shares during the period. TPG Financial Advisors LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 15.7% in the 2nd quarter. TPG Financial Advisors LLC now owns 200,791 shares of the company’s stock valued at $8,582,000 after buying an additional 27,233 shares during the period. Kingswood Wealth Advisors LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 11.1% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 67,092 shares of the company’s stock valued at $2,868,000 after buying an additional 6,676 shares during the period. Sachetta LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% in the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after buying an additional 815 shares during the period. Finally, Tyche Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at about $649,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $47.24 on Wednesday. The stock has a 50-day moving average of $45.20 and a 200-day moving average of $42.38. The company has a market cap of $14.53 billion, a PE ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.67.

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.