SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stock Position Lifted by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 259,887 shares of the company’s stock after buying an additional 24,180 shares during the quarter. Geneos Wealth Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $9,972,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Stifel Financial Corp grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after acquiring an additional 4,049 shares in the last quarter. Second Line Capital LLC boosted its position in 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 purchasing an additional 8,783 shares during the last quarter. SPC Financial Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 5.1% in the second quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after purchasing an additional 3,889 shares in the last quarter. Advisory Resource Group increased its position 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 purchasing an additional 3,068 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position 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 purchasing an additional 19,370 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $38.92 on Friday. The firm has a market cap of $9.24 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock has a 50-day simple moving average of $39.01 and a 200-day simple moving average of $39.17. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.94 and a 52-week high of $42.88.

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.