Kensington Asset Management LLC Acquires 110,940 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Kensington Asset Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 87.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 237,569 shares of the company’s stock after purchasing an additional 110,940 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 0.6% of Kensington Asset Management LLC’s holdings, making the stock its 22nd largest position. Kensington Asset Management LLC owned about 0.07% of SPDR Portfolio Emerging Markets ETF worth $11,125,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Paces Ferry Wealth Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 4.1% during the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock valued at $236,000 after purchasing an additional 200 shares during the period. Mascagni Wealth Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 4.8% during the 4th quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after purchasing an additional 207 shares during the period. River Street Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after purchasing an additional 209 shares during the period. Kraft Davis & Associates LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 4.5% during the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock valued at $240,000 after purchasing an additional 213 shares during the period. Finally, Captrust Financial Advisors boosted its stake in SPDR Portfolio Emerging Markets ETF by 0.7% during the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after purchasing an additional 222 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 0.9%

Shares of NYSEARCA:SPEM opened at $52.11 on Friday. The business has a 50 day moving average price of $50.96 and a 200 day moving average price of $49.12. SPDR Portfolio Emerging Markets ETF has a twelve month low of $40.83 and a twelve month high of $53.54. The company has a market cap of $17.86 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.

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.