Portland Financial Advisors Inc Purchases New Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Portland Financial Advisors Inc acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 16,260 shares of the company’s stock, valued at approximately $624,000. SPDR Portfolio Emerging Markets ETF comprises about 1.7% of Portland Financial Advisors Inc’s investment portfolio, making the stock its 15th largest position.

Other institutional investors also recently bought and sold shares of the company. Vicus Capital raised its stake in SPDR Portfolio Emerging Markets ETF by 2.6% during the 4th quarter. Vicus Capital now owns 11,981 shares of the company’s stock valued at $460,000 after acquiring an additional 299 shares during the last quarter. Occidental Asset Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the fourth quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock worth $1,781,000 after purchasing an additional 312 shares during the last quarter. McClarren Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after purchasing an additional 316 shares during the period. Iams Wealth Management LLC grew its position in SPDR Portfolio Emerging Markets ETF by 1.1% in the 4th quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock valued at $1,146,000 after buying an additional 330 shares during the last quarter. Finally, Alliance Wealth Advisors LLC UT grew its position in SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. Alliance Wealth Advisors LLC UT now owns 18,744 shares of the company’s stock valued at $719,000 after buying an additional 330 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $40.35 on Monday. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88. The company has a market cap of $10.54 billion, a P/E ratio of 14.32 and a beta of 0.66. The firm has a fifty day moving average of $38.86 and a two-hundred day moving average of $39.41.

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.