Beacon Financial Group boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,814 shares of the company’s stock after acquiring an additional 535 shares during the quarter. Beacon Financial Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $492,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of SPEM. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth about $39,000. Strategic Wealth Investment Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $46,000. Blue Trust Inc. increased its holdings in 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 last quarter. McClarren Financial Advisors Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $121,000.
SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %
SPEM stock opened at $39.61 on Thursday. The firm has a 50 day simple moving average of $38.90 and a 200-day simple moving average of $39.24. The company has a market capitalization of $9.40 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.30 and a twelve month 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.
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