MBA Advisors LLC Buys New Stake in SPDR Portfolio Emerging Markets ETF $SPEM

MBA Advisors LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,026 shares of the company’s stock, valued at approximately $933,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Paces Ferry Wealth Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% in the first quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after acquiring an additional 206 shares in the last quarter. Kraft Davis & Associates LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.7% in the 2nd quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock worth $634,000 after purchasing an additional 207 shares in the last quarter. United Asset Strategies Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock worth $1,164,000 after purchasing an additional 215 shares during the period. D.A. Davidson & CO. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.7% in the 1st quarter. D.A. Davidson & CO. now owns 5,175 shares of the company’s stock worth $243,000 after purchasing an additional 234 shares during the period. Finally, Balefire LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 0.4% in the 2nd quarter. Balefire LLC now owns 72,611 shares of the company’s stock worth $3,760,000 after purchasing an additional 255 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4%

Shares of SPEM opened at $48.64 on Tuesday. The firm’s 50-day moving average price is $51.76 and its 200-day moving average price is $50.72. The firm has a market capitalization of $16.18 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 1-year low of $45.28 and a 1-year high of $53.54.

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.