PFG Advisors Has $1.34 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

PFG Advisors raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 233.8% in the second quarter, Holdings Channel reports. The fund owned 31,249 shares of the company’s stock after acquiring an additional 21,887 shares during the period. PFG Advisors’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,336,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SPEM. 3EDGE Asset Management LP boosted its position in SPDR Portfolio Emerging Markets ETF by 309.6% in the second quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock valued at $135,997,000 after buying an additional 2,405,474 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $57,992,000. Cassaday & Co Wealth Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 686.2% in the second quarter. Cassaday & Co Wealth Management LLC now owns 1,141,575 shares of the company’s stock valued at $48,791,000 after acquiring an additional 996,366 shares during the last quarter. LPL Financial LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after acquiring an additional 620,049 shares during the last quarter. Finally, Capital Advisors Inc. OK boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3,503.2% in the 2nd quarter. Capital Advisors Inc. OK now owns 416,459 shares of the company’s stock worth $17,799,000 after acquiring an additional 404,901 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $47.82 on Tuesday. The stock’s 50 day simple moving average is $46.76 and its 200 day simple moving average is $44.02. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $48.56. The firm has a market cap of $14.76 billion, a PE ratio of 15.39 and a beta of 0.56.

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.