Geneos Wealth Management Inc. Raises Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Geneos Wealth Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.7% in the 4th quarter, Holdings Channel reports. The firm owned 273,704 shares of the company’s stock after acquiring an additional 17,280 shares during the period. Geneos Wealth Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $12,812,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after buying an additional 589 shares in the last quarter. First Horizon Corp purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $29,000. Front Row Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after buying an additional 460 shares in the last quarter. Stone House Investment Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $40,000. Finally, Signaturefd LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $50.28 on Friday. The firm has a market cap of $17.24 billion, a P/E ratio of 15.39 and a beta of 0.57. The stock has a 50 day simple moving average of $48.65 and a two-hundred day simple moving average of $48.05. SPDR Portfolio Emerging Markets ETF has a 1 year low of $38.85 and a 1 year high of $51.75.

SPDR Portfolio Emerging Markets ETF Profile

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.