Stonebridge Financial Group LLC Invests $411,000 in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Stonebridge Financial Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,723 shares of the company’s stock, valued at approximately $411,000.

Other hedge funds have also modified their holdings of the company. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $39,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $46,000. Blue Trust Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares during the period. McClarren Financial Advisors Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after purchasing an additional 2,193 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $121,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.5 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $39.39 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.30 and a 12 month high of $42.88. The stock has a market cap of $9.35 billion, a PE ratio of 13.05 and a beta of 0.81. The business has a fifty day simple moving average of $38.91 and a 200-day simple moving average of $39.23.

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.