Sentinel Advisory Group LLC Takes Position in SPDR Portfolio Emerging Markets ETF $SPEM

Sentinel Advisory Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the first quarter, Holdings Channel.com reports. The firm purchased 19,380 shares of the company’s stock, valued at approximately $909,000. SPDR Portfolio Emerging Markets ETF comprises about 0.4% of Sentinel Advisory Group LLC’s investment portfolio, making the stock its 26th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of SPEM. Renaissance Technologies LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 579.0% during the first quarter. Renaissance Technologies LLC now owns 145,300 shares of the company’s stock valued at $6,816,000 after purchasing an additional 123,900 shares during the last quarter. Compound Planning Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 2.6% in the first quarter. Compound Planning Inc. now owns 44,065 shares of the company’s stock valued at $2,067,000 after purchasing an additional 1,126 shares in the last quarter. Liberty One Investment Management LLC increased its position in SPDR Portfolio Emerging Markets ETF by 5.8% in the 1st quarter. Liberty One Investment Management LLC now owns 24,187 shares of the company’s stock worth $1,135,000 after purchasing an additional 1,332 shares during the last quarter. Gibbs Wealth Management increased its position in SPDR Portfolio Emerging Markets ETF by 120.9% in the 1st quarter. Gibbs Wealth Management now owns 247,499 shares of the company’s stock worth $11,610,000 after purchasing an additional 135,460 shares during the last quarter. Finally, Wealthspire Retirement LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.7% during the 1st quarter. Wealthspire Retirement LLC now owns 26,989 shares of the company’s stock worth $1,266,000 after purchasing an additional 718 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $50.16 on Friday. The company has a market capitalization of $16.98 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.66 and a fifty-two week high of $53.54. The business has a 50-day moving average of $51.58 and a 200-day moving average of $50.09.

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.