Truefg LLC Grows Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Truefg LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 267,236 shares of the company’s stock after acquiring an additional 1,359 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 3.3% of Truefg LLC’s investment portfolio, making the stock its 9th biggest position. Truefg LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,254,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Stifel Financial Corp increased its stake in SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after acquiring an additional 4,049 shares during the last quarter. Second Line Capital LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 4.5% in the 2nd quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock worth $7,683,000 after acquiring an additional 8,783 shares during the last quarter. SPC Financial Inc. increased its stake in 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 worth $3,004,000 after acquiring an additional 3,889 shares during the last quarter. Advisory Resource Group increased its stake in 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 worth $2,486,000 after acquiring an additional 3,068 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd 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 last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $37.93 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88. The stock’s 50 day simple moving average is $39.14 and its two-hundred day simple moving average is $39.16. The company has a market cap of $9.00 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.