Hofer & Associates. Inc Has $1.04 Million Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Hofer & Associates. Inc raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,644 shares of the company’s stock after buying an additional 502 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 0.8% of Hofer & Associates. Inc’s holdings, making the stock its 27th largest holding. Hofer & Associates. Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Creative Planning boosted its position in SPDR Portfolio Emerging Markets ETF by 2.0% in the fourth quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after buying an additional 504,808 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the first quarter. Allworth Financial LP now owns 6,058,748 shares of the company’s stock worth $219,266,000 after purchasing an additional 109,901 shares during the period. TIAA Trust National Association grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after purchasing an additional 312,818 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 5.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,745,065 shares of the company’s stock valued at $168,023,000 after purchasing an additional 232,533 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in SPDR Portfolio Emerging Markets ETF by 38.2% in the fourth quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock valued at $88,239,000 after purchasing an additional 688,304 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 1.0 %

SPEM stock traded up $0.37 during trading on Friday, hitting $38.51. The company had a trading volume of 810,007 shares, compared to its average volume of 1,606,906. The stock has a market cap of $9.14 billion, a PE ratio of 13.05 and a beta of 0.81. The business has a 50-day moving average of $37.90 and a 200-day moving average of $36.89. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $39.32.

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.