SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Position Lifted by Pineridge Advisors LLC

Pineridge Advisors LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 594,219 shares of the company’s stock after acquiring an additional 80,454 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 8.6% of Pineridge Advisors LLC’s holdings, making the stock its 5th largest position. Pineridge Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $22,800,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Affiance Financial LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 7.0% during the 3rd quarter. Affiance Financial LLC now owns 146,663 shares of the company’s stock worth $6,054,000 after acquiring an additional 9,563 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $250,000. Boston Mountain Money Management Inc. raised 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 valued at $3,273,000 after purchasing an additional 376 shares during the period. Fiduciary Alliance LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 8.5% during the 3rd quarter. Fiduciary Alliance LLC now owns 144,615 shares of the company’s stock valued at $5,970,000 after purchasing an additional 11,362 shares during the period. Finally, Kathleen S. Wright Associates Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.4% during the 3rd quarter. Kathleen S. Wright Associates Inc. now owns 52,474 shares of the company’s stock valued at $2,166,000 after buying an additional 3,154 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $39.60 on Tuesday. The stock has a fifty day simple moving average of $38.91 and a two-hundred day simple moving average of $39.21. The firm has a market capitalization of $9.40 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.30 and a 52-week high of $42.88.

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.