Patriot Financial Group Insurance Agency LLC Increases Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Patriot Financial Group Insurance Agency LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 98.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 67,190 shares of the company’s stock after acquiring an additional 33,352 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Command Advisory Services Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $26,000. Safe Harbor Fiduciary LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $32,000. Front Row Advisors LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the period. IFC & Insurance Marketing Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $37,000. Finally, Signaturefd LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $50.82 on Monday. The business has a 50-day simple moving average of $51.69 and a two-hundred day simple moving average of $49.51. The company has a market cap of $17.42 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52-week low of $42.34 and a 52-week 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.