Stonebridge Financial Group LLC Invests $411,000 in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Stonebridge Financial Group LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 10,723 shares of the company’s stock, valued at approximately $411,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after acquiring an additional 4,049 shares during the period. Forbes J M & Co. LLP boosted its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% in the 4th quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock valued at $10,174,000 after purchasing an additional 1,728 shares during the period. Advisory Resource Group boosted its holdings in SPDR Portfolio Emerging Markets ETF by 5.4% in the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares during the period. Blue Trust Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% during the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after purchasing an additional 19,370 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $39.39 on Wednesday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.30 and a twelve month high of $42.88. The stock has a market cap of $9.35 billion, a PE ratio of 13.05 and a beta of 0.81. The firm has a 50-day simple moving average of $38.91 and a 200 day simple moving average of $39.23.

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.