CoreCap Advisors LLC Acquires Shares of 12,521 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

CoreCap Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,521 shares of the company’s stock, valued at approximately $472,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Rothschild Investment LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $27,000. American National Bank raised its holdings in SPDR Portfolio Emerging Markets ETF by 179.0% in the fourth quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after purchasing an additional 519 shares in the last quarter. Frazier Financial Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $32,000. Lynx Investment Advisory purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $35,000. Finally, Strategic Financial Concepts LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after buying an additional 128,861 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $38.31 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $39.32. The firm has a 50-day moving average of $38.03 and a 200 day moving average of $37.35. The stock has a market cap of $9.09 billion, a P/E ratio of 13.05 and a beta of 0.81.

About SPDR Portfolio Emerging Markets ETF

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.