May Hill Capital LLC Increases Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

May Hill Capital LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 97.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 62,264 shares of the company’s stock after buying an additional 30,756 shares during the period. May Hill Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,915,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in SPEM. Tennessee Valley Asset Management Partners lifted its holdings in SPDR Portfolio Emerging Markets ETF by 11.4% during the fourth quarter. Tennessee Valley Asset Management Partners now owns 14,102 shares of the company’s stock valued at $660,000 after purchasing an additional 1,439 shares in the last quarter. Stephens Inc. AR lifted its holdings in SPDR Portfolio Emerging Markets ETF by 261.9% during the fourth quarter. Stephens Inc. AR now owns 30,730 shares of the company’s stock valued at $1,438,000 after purchasing an additional 22,239 shares in the last quarter. AlphaCore Capital LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6,460.9% during the fourth quarter. AlphaCore Capital LLC now owns 92,443 shares of the company’s stock valued at $4,327,000 after purchasing an additional 91,034 shares in the last quarter. Compton Financial Group LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 0.5% during the fourth quarter. Compton Financial Group LLC now owns 369,922 shares of the company’s stock valued at $17,316,000 after purchasing an additional 1,664 shares in the last quarter. Finally, USAdvisors Wealth Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1.7% during the fourth quarter. USAdvisors Wealth Management LLC now owns 18,468 shares of the company’s stock valued at $864,000 after purchasing an additional 317 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 2.6%

SPEM opened at $50.84 on Friday. The company has a market cap of $17.43 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52-week low of $40.67 and a 52-week high of $53.03. The firm’s fifty day simple moving average is $49.07 and its two-hundred day simple moving average is $48.51.

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.