Bravias Capital Group LLC Buys Shares of 9,084 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Bravias Capital Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, Holdings Channel.com reports. The firm bought 9,084 shares of the company’s stock, valued at approximately $352,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPEM. First Trust Direct Indexing L.P. raised its position in SPDR Portfolio Emerging Markets ETF by 24.5% in the third quarter. First Trust Direct Indexing L.P. now owns 10,879 shares of the company’s stock valued at $449,000 after purchasing an additional 2,142 shares during the period. Focus Financial Network Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 14.1% in the third quarter. Focus Financial Network Inc. now owns 6,906 shares of the company’s stock valued at $285,000 after buying an additional 854 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 16.3% in the third quarter. Farther Finance Advisors LLC now owns 62,928 shares of the company’s stock valued at $2,598,000 after buying an additional 8,823 shares in the last quarter. Optas LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 2.6% during the 3rd quarter. Optas LLC now owns 121,672 shares of the company’s stock worth $5,023,000 after purchasing an additional 3,066 shares during the period. Finally, Forbes Financial Planning Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.8% in the 3rd quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock valued at $3,019,000 after buying an additional 5,937 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $38.86 on Monday. The stock has a 50-day simple moving average of $38.87 and a 200-day simple moving average of $39.48. The stock has a market capitalization of $10.15 billion, a PE ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88.

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.