Safeguard Financial LLC Has $1.78 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Safeguard Financial LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,502 shares of the company’s stock after acquiring an additional 2,889 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 0.4% of Safeguard Financial LLC’s portfolio, making the stock its 27th largest position. Safeguard Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPEM. Hofer & Associates. Inc lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1.2% during the 3rd quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock valued at $1,155,000 after purchasing an additional 332 shares during the last quarter. City State Bank raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.6% in the fourth quarter. City State Bank now owns 21,271 shares of the company’s stock valued at $816,000 after acquiring an additional 335 shares during the last quarter. Boston Mountain Money Management Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.5% in the 3rd quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock worth $3,273,000 after acquiring an additional 376 shares in the last quarter. Probity Advisors Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.3% in the 3rd quarter. Probity Advisors Inc. now owns 129,860 shares of the company’s stock worth $5,361,000 after acquiring an additional 380 shares in the last quarter. Finally, Landmark Wealth Management LLC grew its position in SPDR Portfolio Emerging Markets ETF by 5.3% during the 3rd quarter. Landmark Wealth Management LLC now owns 7,704 shares of the company’s stock worth $318,000 after acquiring an additional 391 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $37.51 on Wednesday. The business has a fifty day moving average price of $39.26 and a 200 day moving average price of $39.18. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88. The stock has a market capitalization of $8.90 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.