Great Valley Advisor Group Inc. Purchases 18,332 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Great Valley Advisor Group Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 152,730 shares of the company’s stock after purchasing an additional 18,332 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,305,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SPEM. Rothschild Investment LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth $27,000. Lynx Investment Advisory acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $35,000. Archer Investment Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $39,000. Hershey Financial Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $49,000. Finally, American National Bank boosted its holdings in SPDR Portfolio Emerging Markets ETF by 132.0% in the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after purchasing an additional 1,020 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.1 %

Shares of SPEM opened at $39.29 on Friday. The stock has a market capitalization of $9.33 billion, a PE ratio of 13.05 and a beta of 0.81. The firm’s 50 day moving average is $40.49 and its 200-day moving average is $38.85. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 and a 12 month high of $42.88.

SPDR Portfolio Emerging Markets ETF Company 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.