Brookstone Capital Management Raises Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Brookstone Capital Management grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 37.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 282,689 shares of the company’s stock after acquiring an additional 77,700 shares during the period. Brookstone Capital Management’s holdings in SPDR Portfolio Emerging Markets ETF were worth $13,261,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. First Command Advisory Services Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $26,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $32,000. Front Row Advisors LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $37,000. Finally, Signaturefd LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $40,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.1%

NYSEARCA:SPEM opened at $53.13 on Tuesday. The company has a market capitalization of $18.21 billion, a P/E ratio of 15.39 and a beta of 0.60. The firm has a 50-day moving average price of $51.59 and a two-hundred day moving average price of $49.39. SPDR Portfolio Emerging Markets ETF has a twelve month low of $40.83 and a twelve month high of $53.54.

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.