SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by JDM Financial Group LLC

JDM Financial Group LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113,794 shares of the company’s stock after acquiring an additional 3,452 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 3.3% of JDM Financial Group LLC’s investment portfolio, making the stock its 11th biggest holding. JDM Financial Group LLC owned 0.05% of SPDR Portfolio Emerging Markets ETF worth $4,029,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Carmichael Hill & Associates Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $32,000. FinTrust Capital Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $36,000. NBC Securities Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $50,000. Finally, Tsfg LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $70,000.

SPDR Portfolio Emerging Markets ETF Stock Up 1.2 %

SPDR Portfolio Emerging Markets ETF stock traded up $0.42 during mid-day trading on Friday, hitting $36.57. The company’s stock had a trading volume of 1,028,053 shares, compared to its average volume of 1,913,245. The stock has a market capitalization of $8.68 billion, a P/E ratio of 12.11 and a beta of 0.78. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.06 and a twelve month high of $37.06. The stock’s fifty day moving average price is $36.00 and its two-hundred day moving average price is $34.89.

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.