KPP Advisory Services LLC Invests $247,000 in SPDR Portfolio Emerging Markets ETF $SPEM

KPP Advisory Services LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,776 shares of the company’s stock, valued at approximately $247,000.

Several other hedge funds have also made changes to their positions in SPEM. Brighton Jones LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $289,000. Oppenheimer & Co. Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 22.3% during the first quarter. Oppenheimer & Co. Inc. now owns 15,717 shares of the company’s stock worth $619,000 after buying an additional 2,861 shares during the period. Golden State Wealth Management LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 232.2% during the first quarter. Golden State Wealth Management LLC now owns 14,266 shares of the company’s stock worth $562,000 after buying an additional 9,972 shares during the period. Perigon Wealth Management LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 574.9% during the first quarter. Perigon Wealth Management LLC now owns 128,751 shares of the company’s stock worth $5,069,000 after buying an additional 109,674 shares during the period. Finally, Pure Financial Advisors LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the first quarter. Pure Financial Advisors LLC now owns 134,152 shares of the company’s stock worth $5,282,000 after buying an additional 1,814 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $47.48 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $47.67. The company has a market capitalization of $14.60 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. The firm has a 50-day simple moving average of $46.00 and a 200-day simple moving average of $43.02.

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.