Merit Financial Group LLC Grows Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Merit Financial Group LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 29.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 206,317 shares of the company’s stock after buying an additional 47,155 shares during the quarter. Merit Financial Group LLC owned approximately 0.10% of SPDR Portfolio Emerging Markets ETF worth $7,306,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SPEM. Benjamin F. Edwards & Company Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 2.0% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 15,625 shares of the company’s stock valued at $553,000 after purchasing an additional 301 shares in the last quarter. Coombe Bender & Co LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 3.6% in the fourth quarter. Coombe Bender & Co LLC now owns 36,993 shares of the company’s stock valued at $1,310,000 after buying an additional 1,282 shares during the last quarter. Heritage Wealth Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $16,842,000. Great Valley Advisor Group Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the fourth quarter. Great Valley Advisor Group Inc. now owns 123,860 shares of the company’s stock worth $4,386,000 after acquiring an additional 1,392 shares during the last quarter. Finally, Triumph Capital Management grew its stake in SPDR Portfolio Emerging Markets ETF by 19.0% during the 4th quarter. Triumph Capital Management now owns 19,920 shares of the company’s stock valued at $705,000 after acquiring an additional 3,186 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8 %

SPEM stock traded up $0.29 during mid-day trading on Friday, reaching $37.65. The company’s stock had a trading volume of 1,070,684 shares, compared to its average volume of 1,883,514. The company’s 50 day moving average is $36.14 and its two-hundred day moving average is $35.00. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $37.65. The stock has a market cap of $8.94 billion, a PE ratio of 12.30 and a beta of 0.79.

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.