Financial Guidance Group Inc. Takes Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Financial Guidance Group Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,688 shares of the company’s stock, valued at approximately $257,000.

A number of other large investors have also recently bought and sold shares of SPEM. LPL Financial LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after purchasing an additional 476,292 shares during the last quarter. Allworth Financial LP boosted its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after purchasing an additional 67,205 shares during the period. State Street Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares during the last quarter. Assetmark Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 10.2% in the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after buying an additional 204,960 shares during the period. Finally, Townsquare Capital LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 6.5% in the third quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after buying an additional 132,008 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $39.61 on Thursday. The firm has a fifty day moving average of $38.90 and a 200-day moving average of $39.24. The company has a market cap of $9.40 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.30 and a 1 year high of $42.88.

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.