Global Retirement Partners LLC Buys 15,709 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Global Retirement Partners LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,827 shares of the company’s stock after acquiring an additional 15,709 shares during the period. Global Retirement Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,742,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of SPEM. Archer Investment Corp acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $39,000. Strategic Wealth Investment Group LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Blue Trust Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after buying an additional 1,878 shares in the last quarter. McClarren Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the 4th quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares during the period. Finally, Fortitude Family Office LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $121,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $40.17 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The company’s 50 day simple moving average is $38.86 and its 200 day simple moving average is $39.30.

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.