Safeguard Financial LLC Increases Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Safeguard Financial LLC increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,212 shares of the company’s stock after purchasing an additional 1,477 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 0.6% of Safeguard Financial LLC’s holdings, making the stock its 21st biggest holding. Safeguard Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,459,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Financial Strategies Group Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 3.2% during the 4th quarter. Financial Strategies Group Inc. now owns 572,024 shares of the company’s stock valued at $19,735,000 after buying an additional 17,746 shares during the period. Allen Capital Group LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 3.7% during the 4th quarter. Allen Capital Group LLC now owns 327,510 shares of the company’s stock valued at $11,597,000 after buying an additional 11,829 shares during the period. Macroview Investment Management LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 4.3% during the 4th quarter. Macroview Investment Management LLC now owns 10,820 shares of the company’s stock valued at $383,000 after buying an additional 444 shares during the period. Signet Financial Management LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 7.0% during the 4th quarter. Signet Financial Management LLC now owns 149,113 shares of the company’s stock valued at $5,280,000 after buying an additional 9,758 shares during the period. Finally, SVB Wealth LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $201,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM traded down $0.48 during trading on Tuesday, hitting $35.29. 4,108,156 shares of the stock traded hands, compared to its average volume of 1,934,457. The firm has a market capitalization of $8.38 billion, a P/E ratio of 12.11 and a beta of 0.78. The firm has a 50-day moving average of $35.85 and a 200 day moving average of $34.75. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $37.06.

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.