SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) is ERn Financial LLC’s 10th Largest Position

ERn Financial LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 393,732 shares of the company’s stock after acquiring an additional 1,147 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 2.3% of ERn Financial LLC’s holdings, making the stock its 10th biggest holding. ERn Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $15,108,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Glass Jacobson Investment Advisors llc raised its position in shares of SPDR Portfolio Emerging Markets ETF by 7.2% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 19,080 shares of the company’s stock worth $719,000 after buying an additional 1,282 shares during the period. WCG Wealth Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 7.5% during the second quarter. WCG Wealth Advisors LLC now owns 467,641 shares of the company’s stock worth $17,616,000 after acquiring an additional 32,444 shares during the last quarter. Richardson Financial Services Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.5% in the 2nd quarter. Richardson Financial Services Inc. now owns 79,223 shares of the company’s stock worth $2,984,000 after purchasing an additional 2,650 shares during the period. Optimist Retirement Group LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.4% in the 2nd quarter. Optimist Retirement Group LLC now owns 145,328 shares of the company’s stock valued at $5,474,000 after purchasing an additional 619 shares in the last quarter. Finally, ProVise Management Group LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.3% during the 2nd quarter. ProVise Management Group LLC now owns 122,249 shares of the company’s stock worth $4,605,000 after purchasing an additional 5,076 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $37.96 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88. The firm has a 50 day moving average price of $39.21 and a 200 day moving average price of $39.17. The company has a market cap of $9.01 billion, a PE 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.