FF Advisors LLC Acquires 16,307 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

FF Advisors LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 47.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,991 shares of the company’s stock after acquiring an additional 16,307 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.1% of FF Advisors LLC’s holdings, making the stock its 22nd largest position. FF Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,387,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Financial Gravity Asset Management Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the fourth quarter. Financial Gravity Asset Management Inc. now owns 298,897 shares of the company’s stock worth $13,991,000 after purchasing an additional 12,973 shares during the period. Focus Partners Wealth boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.3% in the fourth quarter. Focus Partners Wealth now owns 2,209,880 shares of the company’s stock worth $103,255,000 after purchasing an additional 130,182 shares during the period. Financial Network Wealth Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 14.7% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 36,790 shares of the company’s stock worth $1,722,000 after purchasing an additional 4,722 shares during the period. Fort Point Capital Partners LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 40.7% in the fourth quarter. Fort Point Capital Partners LLC now owns 338,460 shares of the company’s stock worth $16,574,000 after purchasing an additional 97,855 shares during the period. Finally, Kensington Asset Management LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 87.6% in the fourth quarter. Kensington Asset Management LLC now owns 237,569 shares of the company’s stock worth $11,125,000 after purchasing an additional 110,940 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $52.11 on Friday. The firm has a market cap of $17.86 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1-year low of $40.83 and a 1-year high of $53.54. The company has a 50 day simple moving average of $50.96 and a two-hundred day simple moving average of $49.12.

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.