Elm Partners Management LLC Increases Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Elm Partners Management LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 876,410 shares of the company’s stock after buying an additional 166,863 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 1.9% of Elm Partners Management LLC’s holdings, making the stock its 15th largest position. Elm Partners Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $41,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after acquiring an additional 589 shares during the last quarter. Front Row Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 147.9% during 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. Signaturefd LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $40,000. International Assets Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $40,000. Finally, Kingdom Financial Group LLC. bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $44,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $52.33 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $40.67 and a 12 month high of $53.03. The company has a market capitalization of $17.94 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The company’s fifty day moving average price is $49.86 and its two-hundred day moving average price is $48.78.

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.