Allen Capital Group LLC Raises Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Allen Capital Group LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 372,869 shares of the company’s stock after buying an additional 21,301 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 1.9% of Allen Capital Group LLC’s holdings, making the stock its 12th largest holding. Allen Capital Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $15,392,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Rothschild Investment LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $27,000. Lynx Investment Advisory purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $35,000. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $39,000. Hershey Financial Advisers LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $49,000. Finally, Strategic Financial Concepts LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 649.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after purchasing an additional 128,861 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $39.31 on Friday. The stock has a market capitalization of $9.33 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.52 and a 1-year high of $42.88. The business has a fifty day moving average price of $40.47 and a 200 day moving average price of $38.84.

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.