Kestra Investment Management LLC Buys 46,983 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Kestra Investment Management LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 19.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 289,201 shares of the company’s stock after purchasing an additional 46,983 shares during the period. Kestra Investment Management LLC owned about 0.12% of SPDR Portfolio Emerging Markets ETF worth $11,097,000 at the end of the most recent reporting period.

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

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

NYSEARCA SPEM opened at $40.01 on Tuesday. The firm has a market cap of $9.50 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.98 and a 1-year high of $42.88. The company has a 50 day moving average of $38.88 and a 200-day moving average of $39.28.

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.