Pure Financial Advisors LLC Buys 1,814 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Pure Financial Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 134,152 shares of the company’s stock after acquiring an additional 1,814 shares during the period. Pure Financial Advisors LLC owned about 0.05% of SPDR Portfolio Emerging Markets ETF worth $5,282,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Perigon Wealth Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 574.9% in the first quarter. Perigon Wealth Management LLC now owns 128,751 shares of the company’s stock valued at $5,069,000 after buying an additional 109,674 shares during the period. Golden State Wealth Management LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 232.2% during the 1st quarter. Golden State Wealth Management LLC now owns 14,266 shares of the company’s stock valued at $562,000 after purchasing an additional 9,972 shares in the last quarter. Golden State Equity Partners bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $1,102,000. Balboa Wealth Partners increased its holdings in SPDR Portfolio Emerging Markets ETF by 3.6% during the 1st quarter. Balboa Wealth Partners now owns 33,211 shares of the company’s stock worth $1,308,000 after purchasing an additional 1,157 shares in the last quarter. Finally, Mascagni Wealth Management Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 10.8% during the first quarter. Mascagni Wealth Management Inc. now owns 6,340 shares of the company’s stock worth $243,000 after buying an additional 620 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $42.32 on Thursday. The company has a market cap of $12.14 billion, a P/E ratio of 14.82 and a beta of 0.55. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $42.88. The firm has a 50-day moving average of $40.93 and a 200-day moving average of $39.62.

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.