SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) is McNamara Financial Services Inc.’s 4th Largest Position

McNamara Financial Services Inc. cut its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 817,092 shares of the company’s stock after selling 76,664 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 7.4% of McNamara Financial Services Inc.’s holdings, making the stock its 4th largest position. McNamara Financial Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $31,352,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. Resonant Capital Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the fourth quarter. Resonant Capital Advisors LLC now owns 54,063 shares of the company’s stock valued at $2,074,000 after purchasing an additional 2,112 shares in the last quarter. Better Money Decisions LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 11.1% during the fourth quarter. Better Money Decisions LLC now owns 246,604 shares of the company’s stock valued at $9,462,000 after buying an additional 24,648 shares during the period. SkyOak Wealth LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 15.4% during the fourth quarter. SkyOak Wealth LLC now owns 9,363 shares of the company’s stock valued at $359,000 after buying an additional 1,248 shares during the period. River Street Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 3.6% during the fourth quarter. River Street Advisors LLC now owns 11,971 shares of the company’s stock valued at $459,000 after buying an additional 417 shares during the period. Finally, Hofer & Associates. Inc boosted its stake in SPDR Portfolio Emerging Markets ETF by 23.9% during the fourth quarter. Hofer & Associates. Inc now owns 34,653 shares of the company’s stock valued at $1,330,000 after buying an additional 6,677 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $38.73 on Monday. The firm has a market capitalization of $9.19 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.94 and a 52-week high of $42.88. The stock has a fifty day moving average of $38.93 and a 200 day moving average of $39.17.

SPDR Portfolio Emerging Markets ETF 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.