Financial Partners Group Inc reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 4.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,674 shares of the company’s stock after selling 2,588 shares during the period. Financial Partners Group Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,210,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Raymond James & Associates increased its stake in SPDR Portfolio Emerging Markets ETF by 9.1% during the second quarter. Raymond James & Associates now owns 237,873 shares of the company’s stock valued at $8,961,000 after purchasing an additional 19,939 shares during the last quarter. Mason & Associates Inc grew its position in shares of SPDR Portfolio Emerging Markets ETF by 12.4% during the 2nd quarter. Mason & Associates Inc now owns 41,906 shares of the company’s stock valued at $1,579,000 after buying an additional 4,623 shares during the last quarter. Spectrum Planning & Advisory Services Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter worth about $516,000. Hofer & Associates. Inc lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1.8% in the second quarter. Hofer & Associates. Inc now owns 27,644 shares of the company’s stock worth $1,041,000 after acquiring an additional 502 shares during the last quarter. Finally, Brookstone Capital Management lifted its holdings in SPDR Portfolio Emerging Markets ETF by 47.9% in the second quarter. Brookstone Capital Management now owns 276,175 shares of the company’s stock worth $10,644,000 after acquiring an additional 89,432 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Up 1.0 %
Shares of NYSEARCA:SPEM traded up $0.37 during trading on Friday, hitting $38.51. 810,007 shares of the company traded hands, compared to its average volume of 1,606,906. The business’s fifty day moving average is $37.90 and its 200-day moving average is $36.92. The stock has a market capitalization of $9.14 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $39.32.
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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