Wolff Financial Management LLC Acquires 8,134 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wolff Financial Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 113,643 shares of the company’s stock after buying an additional 8,134 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 1.2% of Wolff Financial Management LLC’s investment portfolio, making the stock its 15th largest holding. Wolff Financial Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,360,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Stifel Financial Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after purchasing an additional 4,049 shares in the last quarter. Second Line Capital LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock valued at $7,683,000 after buying an additional 8,783 shares during the period. SPC Financial Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.1% in the 2nd quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after acquiring an additional 3,889 shares during the period. Advisory Resource Group increased its position in shares of SPDR Portfolio Emerging Markets ETF by 5.4% in the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after acquiring an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after acquiring an additional 19,370 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $38.92 on Friday. The company’s 50 day simple moving average is $39.01 and its two-hundred day simple moving average is $39.17. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $42.88. The firm has a market capitalization of $9.24 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

SPDR Portfolio Emerging Markets ETF Company 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.