Capital Financial Group Inc. Co. ADV Takes $5.93 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

Capital Financial Group Inc. Co. ADV bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 126,650 shares of the company’s stock, valued at approximately $5,929,000. SPDR Portfolio Emerging Markets ETF accounts for about 3.3% of Capital Financial Group Inc. Co. ADV’s holdings, making the stock its 4th largest holding.

Several other hedge funds have also recently made changes to their positions in the business. Okabena Investment Services Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $200,000. Squarepoint Ops LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 351.9% in the fourth quarter. Squarepoint Ops LLC now owns 42,732 shares of the company’s stock worth $2,000,000 after purchasing an additional 33,275 shares during the period. Tobias Financial Advisors Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 2.3% in the fourth quarter. Tobias Financial Advisors Inc. now owns 68,927 shares of the company’s stock worth $3,226,000 after purchasing an additional 1,535 shares during the period. Zinnia Wealth Advisory LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $2,023,000. Finally, MML Investors Services LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 1.7% in the fourth quarter. MML Investors Services LLC now owns 722,140 shares of the company’s stock worth $33,803,000 after purchasing an additional 11,920 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 2.0%

Shares of SPEM stock opened at $53.17 on Tuesday. The stock has a market cap of $18.23 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The business’s fifty day moving average is $51.09 and its 200 day moving average is $49.18. SPDR Portfolio Emerging Markets ETF has a twelve month low of $40.83 and a twelve month high of $53.54.

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.