Advisory Resource Group Boosts Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Advisory Resource Group lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,213 shares of the company’s stock after purchasing an additional 3,068 shares during the period. Advisory Resource Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,486,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Rothschild Investment LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $27,000. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $39,000. Hershey Financial Advisers LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth approximately $49,000. American National Bank grew its position in shares of SPDR Portfolio Emerging Markets ETF by 132.0% in the second 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 in the last quarter. Finally, SouthState Corp purchased a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth approximately $86,000.

SPDR Portfolio Emerging Markets ETF Stock Down 2.0 %

Shares of NYSEARCA:SPEM opened at $40.26 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.52 and a 52-week high of $42.88. The business has a fifty day moving average of $40.43 and a two-hundred day moving average of $39.00. The stock has a market cap of $9.56 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.