Canal Capital Management LLC Acquires 4,370 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Canal Capital Management LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 39,151 shares of the company’s stock after buying an additional 4,370 shares during the quarter. Canal Capital Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,472,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. TRH Financial LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $1,183,000. AdvicePeriod LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 73.8% in the fourth quarter. AdvicePeriod LLC now owns 47,493 shares of the company’s stock valued at $1,785,000 after buying an additional 20,167 shares during the period. PFG Private Wealth Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $2,885,000. Financial Management Professionals Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 281.9% in the fourth quarter. Financial Management Professionals Inc. now owns 1,329 shares of the company’s stock valued at $50,000 after buying an additional 981 shares during the period. Finally, Bristlecone Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 122.0% in the fourth quarter. Bristlecone Advisors LLC now owns 15,265 shares of the company’s stock valued at $574,000 after buying an additional 8,390 shares during the period.

Shares of SPEM traded down $0.92 during mid-day trading on Tuesday, hitting $37.65. The stock had a trading volume of 1,153,000 shares, compared to its average volume of 1,349,723. The business has a fifty day moving average price of $37.57 and a 200-day moving average price of $35.67. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.71 and a 52 week high of $38.67.

The company also recently announced a semi-annual dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were paid a $0.7243 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a dividend yield of 2.2%.

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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM).

Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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