SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Hofer & Associates. Inc

Hofer & Associates. Inc lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 34,653 shares of the company’s stock after purchasing an additional 6,677 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 0.9% of Hofer & Associates. Inc’s holdings, making the stock its 26th biggest holding. Hofer & Associates. Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,330,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the last quarter. Allworth Financial LP increased its holdings in SPDR Portfolio Emerging Markets ETF by 1.1% in the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after purchasing an additional 67,205 shares in the last quarter. State Street Corp increased its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after purchasing an additional 591,019 shares in the last quarter. Assetmark Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 10.2% in the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after purchasing an additional 204,960 shares in the last quarter. Finally, Townsquare Capital LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.5% during the third quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after acquiring an additional 132,008 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $38.73 on Friday. The business has a 50-day moving average of $38.94 and a 200-day moving average of $39.17. The company has a market capitalization of $9.19 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $42.88.

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.