Richard W. Paul & Associates LLC Grows Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Richard W. Paul & Associates LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,781 shares of the company’s stock after acquiring an additional 1,149 shares during the period. Richard W. Paul & Associates LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $670,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. CFS Investment Advisory Services LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the fourth quarter. CFS Investment Advisory Services LLC now owns 103,296 shares of the company’s stock valued at $3,658,000 after purchasing an additional 4,447 shares during the period. Private Advisor Group LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 14.4% during the 4th quarter. Private Advisor Group LLC now owns 1,293,431 shares of the company’s stock worth $45,800,000 after buying an additional 162,689 shares in the last quarter. Eudaimonia Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 2.1% in the 4th quarter. Eudaimonia Advisors LLC now owns 16,180 shares of the company’s stock valued at $573,000 after buying an additional 329 shares during the period. Savvy Advisors Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $597,000. Finally, Valley Financial Group Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $4,849,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM traded down $0.48 during mid-day trading on Thursday, hitting $38.26. The company had a trading volume of 911,850 shares, compared to its average volume of 1,597,734. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $39.32. The company has a market capitalization of $9.08 billion, a PE ratio of 13.05 and a beta of 0.81. The business’s 50-day simple moving average is $37.96 and its 200 day simple moving average is $37.00.

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.