Portside Wealth Group LLC Purchases 25,234 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Portside Wealth Group LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 25.0% in the first quarter, HoldingsChannel.com reports. The fund owned 126,356 shares of the company’s stock after buying an additional 25,234 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 0.8% of Portside Wealth Group LLC’s portfolio, making the stock its 27th biggest holding. Portside Wealth Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,975,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Moss Adams Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 98.4% during the 1st quarter. Moss Adams Wealth Advisors LLC now owns 319,483 shares of the company’s stock worth $12,578,000 after acquiring an additional 158,460 shares during the period. Compass Planning Associates Inc lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 77.4% during the 1st quarter. Compass Planning Associates Inc now owns 1,274 shares of the company’s stock worth $50,000 after acquiring an additional 556 shares during the period. Park Avenue Securities LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.0% during the 1st quarter. Park Avenue Securities LLC now owns 702,028 shares of the company’s stock worth $27,639,000 after acquiring an additional 20,497 shares during the period. SOA Wealth Advisors LLC. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.1% during the 1st quarter. SOA Wealth Advisors LLC. now owns 36,906 shares of the company’s stock worth $1,453,000 after acquiring an additional 774 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 15.0% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 65,097 shares of the company’s stock worth $2,563,000 after acquiring an additional 8,480 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $41.97 on Monday. The company has a 50 day moving average of $39.59 and a 200-day moving average of $39.39. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $42.88. The company has a market cap of $11.81 billion, a PE ratio of 14.73 and a beta of 0.56.

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.