Good Life Advisors LLC Acquires 25,675 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Good Life Advisors LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 223,314 shares of the company’s stock after buying an additional 25,675 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.6% of Good Life Advisors LLC’s portfolio, making the stock its 28th largest position. Good Life Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,569,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SPEM. Archer Investment Corp purchased a new position in SPDR Portfolio Emerging Markets ETF in the third quarter worth about $39,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $46,000. Blue Trust Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after acquiring an additional 1,878 shares in the last quarter. McClarren Financial Advisors Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 12.3% in the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares in the last quarter. Finally, Fortitude Family Office LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $121,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4 %

SPEM opened at $40.17 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88. The stock has a 50-day moving average of $38.86 and a 200 day moving average of $39.30. The firm has a market cap of $9.54 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.