Patriot Financial Group Insurance Agency LLC Acquires 33,352 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Patriot Financial Group Insurance Agency LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 98.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 67,190 shares of the company’s stock after purchasing an additional 33,352 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,152,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Paces Ferry Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock valued at $236,000 after purchasing an additional 200 shares in the last quarter. Trinity Wealth Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock worth $1,008,000 after buying an additional 201 shares in the last quarter. Mascagni Wealth Management Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 4.8% in the 4th quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock worth $211,000 after buying an additional 207 shares in the last quarter. River Street Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after buying an additional 209 shares during the last quarter. Finally, Kraft Davis & Associates LLC raised its position in SPDR Portfolio Emerging Markets ETF by 4.5% in the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after buying an additional 213 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $50.82 on Monday. The stock has a market capitalization of $17.42 billion, a P/E ratio of 15.39 and a beta of 0.60. The company’s 50-day simple moving average is $51.69 and its two-hundred day simple moving average is $49.51. SPDR Portfolio Emerging Markets ETF has a 52-week low of $42.34 and a 52-week high of $53.54.

SPDR Portfolio Emerging Markets ETF Company 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.