City State Bank Has $816,000 Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

City State Bank lifted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 21,271 shares of the company’s stock after buying an additional 335 shares during the period. City State Bank’s holdings in SPDR Portfolio Emerging Markets ETF were worth $816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hofer & Associates. Inc increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.2% in the third quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock valued at $1,155,000 after acquiring an additional 332 shares during the last quarter. Boston Mountain Money Management Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.5% in the third quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock valued at $3,273,000 after acquiring an additional 376 shares during the last quarter. Probity Advisors Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.3% in the third quarter. Probity Advisors Inc. now owns 129,860 shares of the company’s stock valued at $5,361,000 after acquiring an additional 380 shares during the last quarter. Landmark Wealth Management LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 5.3% in the third quarter. Landmark Wealth Management LLC now owns 7,704 shares of the company’s stock valued at $318,000 after acquiring an additional 391 shares during the last quarter. Finally, Peterson Wealth Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Peterson Wealth Advisors LLC now owns 37,090 shares of the company’s stock valued at $1,531,000 after acquiring an additional 403 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock traded down $0.37 during midday trading on Monday, reaching $36.97. 344,104 shares of the company’s stock were exchanged, compared to its average volume of 1,681,594. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.52 and a 52 week high of $42.88. The firm has a market cap of $8.78 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock’s 50-day simple moving average is $39.39 and its 200 day simple moving average is $39.18.

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.