Key Financial Inc Purchases 13,094 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Key Financial Inc grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 86,729 shares of the company’s stock after buying an additional 13,094 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.8% of Key Financial Inc’s holdings, making the stock its 26th biggest holding. Key Financial Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,071,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Anchor Investment Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $28,000. Sanctuary Wealth Management L.L.C. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $28,000. Carmichael Hill & Associates Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at $32,000. PCA Investment Advisory Services Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $32,000. Finally, FinTrust Capital Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth approximately $36,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.2 %

Shares of NYSEARCA SPEM traded up $0.08 during midday trading on Wednesday, hitting $35.38. 2,048,110 shares of the company’s stock were exchanged, compared to its average volume of 1,935,993. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $37.06. The company’s 50 day moving average price is $35.85 and its 200 day moving average price is $34.76. The firm has a market capitalization of $8.40 billion, a PE ratio of 12.11 and a beta of 0.78.

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.