Pacific Excel Wealth Advisors Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 2,861.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 153,497 shares of the company’s stock after purchasing an additional 148,314 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 3.1% of Pacific Excel Wealth Advisors Inc.’s holdings, making the stock its 5th biggest position. Pacific Excel Wealth Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,948,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Paces Ferry Wealth Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 4.1% in the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock valued at $236,000 after buying an additional 200 shares during the period. Trinity Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the first quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock valued at $1,008,000 after acquiring an additional 201 shares in the last quarter. Kelman Lazarov Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the first quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock worth $294,000 after acquiring an additional 203 shares during the period. Mascagni Wealth Management Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.8% during the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock worth $211,000 after acquiring an additional 207 shares during the period. Finally, River Street Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.8% during the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after purchasing an additional 209 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Up 1.7%
Shares of SPEM opened at $52.02 on Wednesday. The stock’s 50 day moving average is $51.50 and its two-hundred day moving average is $50.21. SPDR Portfolio Emerging Markets ETF has a twelve month low of $43.22 and a twelve month high of $53.54. The firm has a market capitalization of $17.61 billion, a PE ratio of 15.39 and a beta of 0.60.
SPDR Portfolio Emerging Markets ETF 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.
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