SPDR Portfolio Emerging Markets ETF $SPEM Position Boosted by TPG Financial Advisors LLC

TPG Financial Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200,791 shares of the company’s stock after purchasing an additional 27,233 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 3.4% of TPG Financial Advisors LLC’s portfolio, making the stock its 10th largest holding. TPG Financial Advisors LLC owned about 0.07% of SPDR Portfolio Emerging Markets ETF worth $8,582,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Vestia Personal Wealth Advisors raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the 2nd quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock worth $334,000 after purchasing an additional 236 shares during the period. Vawter Financial Ltd. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.6% in the 1st quarter. Vawter Financial Ltd. now owns 7,412 shares of the company’s stock worth $292,000 after purchasing an additional 255 shares during the period. Focus Financial Network Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.8% in the 2nd quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after purchasing an additional 263 shares during the period. Fidelis Capital Partners LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. Fidelis Capital Partners LLC now owns 31,409 shares of the company’s stock worth $1,228,000 after purchasing an additional 268 shares during the period. Finally, Cary Street Partners Investment Advisory LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.4% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 12,075 shares of the company’s stock valued at $475,000 after buying an additional 282 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $47.24 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.67. The firm has a market cap of $14.53 billion, a P/E ratio of 15.39 and a beta of 0.68. The stock has a 50-day simple moving average of $45.20 and a 200-day simple moving average of $42.38.

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.