SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Bought by Capital Planning Advisors LLC

Capital Planning Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 427.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 63,874 shares of the company’s stock after purchasing an additional 51,772 shares during the period. Capital Planning Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,451,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SPEM. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $39,000. Hershey Financial Advisers LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth $49,000. McClarren Financial Advisors Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after buying an additional 2,193 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $121,000. Finally, Abound Wealth Management lifted its stake in SPDR Portfolio Emerging Markets ETF by 420.2% during the 4th quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock worth $131,000 after acquiring an additional 2,761 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $38.60 on Thursday. The company has a market cap of $9.16 billion, a P/E ratio of 13.05 and a beta of 0.81. The stock has a 50-day moving average of $39.03 and a two-hundred day moving average of $39.18. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.91 and a 1-year high of $42.88.

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.