True North Advisors LLC Buys Shares of 11,947 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

True North Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,947 shares of the company’s stock, valued at approximately $458,000.

A number of other hedge funds have also modified their holdings of the company. Occidental Asset Management LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 0.7% during the 4th quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock worth $1,781,000 after buying an additional 312 shares in the last quarter. Hofer & Associates. Inc raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.2% during the third quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock worth $1,155,000 after acquiring an additional 332 shares in the last quarter. City State Bank boosted its position in SPDR Portfolio Emerging Markets ETF by 1.6% during the fourth quarter. City State Bank now owns 21,271 shares of the company’s stock valued at $816,000 after purchasing an additional 335 shares during the last quarter. Carnegie Investment Counsel grew its stake in SPDR Portfolio Emerging Markets ETF by 2.6% in the fourth quarter. Carnegie Investment Counsel now owns 13,151 shares of the company’s stock valued at $505,000 after purchasing an additional 335 shares in the last quarter. Finally, Boston Mountain Money Management Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.5% during the 3rd quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock worth $3,273,000 after purchasing an additional 376 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $38.60 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.91 and a 52-week high of $42.88. The stock has a market cap of $9.16 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The firm’s 50-day moving average is $39.03 and its 200-day moving average is $39.18.

SPDR Portfolio Emerging Markets ETF 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.