Theory Financial LLC Acquires 20,293 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Theory Financial LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 76.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,888 shares of the company’s stock after purchasing an additional 20,293 shares during the quarter. Theory Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,200,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Paces Ferry Wealth Advisors LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% in the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock worth $236,000 after purchasing an additional 200 shares in the last quarter. Trinity Wealth Management LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock valued at $1,008,000 after buying an additional 201 shares in the last quarter. Kelman Lazarov Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 3.3% during the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after buying an additional 203 shares in the last quarter. Mascagni Wealth Management Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 4.8% during the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after buying an additional 207 shares during the last quarter. Finally, River Street Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after buying an additional 209 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $51.61 on Thursday. The company’s fifty day moving average price is $51.78 and its 200-day moving average price is $49.93. SPDR Portfolio Emerging Markets ETF has a one year low of $42.66 and a one year high of $53.54. The company has a market capitalization of $17.42 billion, a PE ratio of 15.39 and a beta of 0.60.

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.