SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by McClarren Financial Advisors Inc.

McClarren Financial Advisors Inc. raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,885 shares of the company’s stock after acquiring an additional 316 shares during the quarter. McClarren Financial Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $110,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Archer Investment Corp acquired a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $39,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $46,000. Blue Trust Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after buying an additional 1,878 shares during the last quarter. Fortitude Family Office LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $121,000. Finally, Abound Wealth Management boosted its position in SPDR Portfolio Emerging Markets ETF by 420.2% during the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock worth $131,000 after acquiring an additional 2,761 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $39.61 on Thursday. The company has a 50 day moving average price of $38.90 and a two-hundred day moving average price of $39.24. The stock has a market capitalization of $9.40 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $34.30 and a one year 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.