SPDR Portfolio Emerging Markets ETF $SPEM is McNamara Financial Services Inc.’s 3rd Largest Position

McNamara Financial Services Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 869,793 shares of the company’s stock after purchasing an additional 13,566 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 7.7% of McNamara Financial Services Inc.’s investment portfolio, making the stock its 3rd biggest holding. McNamara Financial Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $40,715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Runnymede Capital Advisors Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $1,701,000. Woodmont Investment Counsel LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. Woodmont Investment Counsel LLC now owns 428,795 shares of the company’s stock valued at $20,072,000 after purchasing an additional 18,394 shares during the period. Affiance Financial LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 8.4% during the fourth quarter. Affiance Financial LLC now owns 212,549 shares of the company’s stock valued at $9,949,000 after purchasing an additional 16,551 shares during the period. 4WEALTH Advisors Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 3.7% during the fourth quarter. 4WEALTH Advisors Inc. now owns 10,459 shares of the company’s stock valued at $490,000 after purchasing an additional 370 shares during the period. Finally, Jefferson Bridge Capital LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $730,000.

SPDR Portfolio Emerging Markets ETF Trading Up 4.4%

Shares of NYSEARCA SPEM opened at $49.07 on Thursday. The stock has a fifty day simple moving average of $48.54 and a two-hundred day simple moving average of $47.79. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.62 and a 1-year high of $51.35. The firm has a market cap of $16.82 billion, a price-to-earnings ratio of 15.39 and a beta of 0.57.

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.