SPDR Portfolio Emerging Markets ETF $SPEM Holdings Lifted by Pacific Excel Wealth Advisors Inc.

Pacific Excel Wealth Advisors Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2,861.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 153,497 shares of the company’s stock after acquiring an additional 148,314 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 3.1% of Pacific Excel Wealth Advisors Inc.’s portfolio, making the stock its 5th largest position. Pacific Excel Wealth Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,948,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. First Command Advisory Services Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $26,000. Ascentis Independent Advisors purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $27,000. Robinswood Financial LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $32,000. Safe Harbor Fiduciary LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $32,000. Finally, Front Row Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $52.02 on Wednesday. The company has a market capitalization of $17.61 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1 year low of $43.22 and a 1 year high of $53.54. The company’s fifty day moving average is $51.50 and its two-hundred day moving average is $50.21.

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.