SPDR Portfolio Emerging Markets ETF $SPEM Shares Acquired by K2 Financial Inc.

K2 Financial Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,586 shares of the company’s stock after purchasing an additional 497 shares during the period. K2 Financial Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $456,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPEM. Brighton Jones LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $289,000. Northern Trust Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 16.1% during the 4th quarter. Northern Trust Corp now owns 8,648 shares of the company’s stock valued at $332,000 after acquiring an additional 1,200 shares during the last quarter. American National Bank & Trust grew its holdings in SPDR Portfolio Emerging Markets ETF by 69.8% during the 1st quarter. American National Bank & Trust now owns 14,960 shares of the company’s stock worth $589,000 after acquiring an additional 6,149 shares in the last quarter. Ervin Investment Management LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.5% in the 1st quarter. Ervin Investment Management LLC now owns 77,668 shares of the company’s stock worth $3,058,000 after purchasing an additional 4,721 shares during the last quarter. Finally, Fiduciary Alliance LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 1st quarter. Fiduciary Alliance LLC now owns 153,086 shares of the company’s stock valued at $6,027,000 after purchasing an additional 1,034 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $46.63 on Tuesday. The stock has a market capitalization of $13.57 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.21. The company’s 50-day simple moving average is $44.79 and its 200-day simple moving average is $42.11.

About SPDR Portfolio Emerging Markets ETF

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.