TFB Advisors LLC Acquires 562 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

TFB Advisors LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.1% in the second quarter, Holdings Channel reports. The firm owned 7,476 shares of the company’s stock after purchasing an additional 562 shares during the quarter. TFB Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $320,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPEM. Brighton Jones LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $289,000. Oppenheimer & Co. Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 22.3% during the first quarter. Oppenheimer & Co. Inc. now owns 15,717 shares of the company’s stock worth $619,000 after purchasing an additional 2,861 shares during the period. Golden State Equity Partners bought a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $1,102,000. Golden State Wealth Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 232.2% during the first quarter. Golden State Wealth Management LLC now owns 14,266 shares of the company’s stock worth $562,000 after purchasing an additional 9,972 shares during the period. Finally, Perigon Wealth Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 574.9% during the first quarter. Perigon Wealth Management LLC now owns 128,751 shares of the company’s stock worth $5,069,000 after purchasing an additional 109,674 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.2%

Shares of SPEM opened at $47.14 on Thursday. The stock has a market cap of $14.50 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $47.67. The company has a 50-day moving average price of $45.94 and a two-hundred day moving average price of $42.93.

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.