Hurley Capital LLC Buys New Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Hurley Capital LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,784 shares of the company’s stock, valued at approximately $607,000.

Several other hedge funds have also recently modified their holdings of SPEM. Envestnet Asset Management Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 12.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,899,908 shares of the company’s stock worth $226,379,000 after purchasing an additional 634,469 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.4% in the 4th quarter. Wells Fargo & Company MN now owns 1,632,003 shares of the company’s stock valued at $62,620,000 after purchasing an additional 112,117 shares in the last quarter. Atlas Capital Advisors Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 0.4% during the 4th quarter. Atlas Capital Advisors Inc. now owns 408,642 shares of the company’s stock worth $15,680,000 after buying an additional 1,468 shares during the last quarter. Arete Wealth Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 16.6% in the 4th quarter. Arete Wealth Advisors LLC now owns 48,778 shares of the company’s stock worth $1,873,000 after buying an additional 6,935 shares during the last quarter. Finally, OneAscent Financial Services LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $8,248,000.

SPDR Portfolio Emerging Markets ETF Stock Down 5.7 %

SPDR Portfolio Emerging Markets ETF stock opened at $36.66 on Friday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88. The firm has a market capitalization of $9.69 billion, a price-to-earnings ratio of 14.84 and a beta of 0.67. The firm has a 50-day moving average price of $39.51 and a two-hundred day moving average price of $39.69.

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.