Elwood & Goetz Wealth Advisory Group LLC Purchases 1,333 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Elwood & Goetz Wealth Advisory Group LLC boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 51,966 shares of the company’s stock after buying an additional 1,333 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 0.5% of Elwood & Goetz Wealth Advisory Group LLC’s portfolio, making the stock its 23rd biggest position. Elwood & Goetz Wealth Advisory Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Compass Planning Associates Inc bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Archer Investment Corp bought a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $39,000. Strategic Wealth Investment Group LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $46,000. Blue Trust Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares during the last quarter. Finally, McClarren Financial Advisors Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 12.3% in the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock valued at $110,000 after acquiring an additional 316 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $40.35 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88. The stock has a market capitalization of $10.54 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66. The company’s 50 day simple moving average is $38.86 and its 200 day simple moving average is $39.37.

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.