Capital Asset Advisory Services LLC Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Capital Asset Advisory Services LLC lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 476,122 shares of the company’s stock after buying an additional 22,415 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 0.9% of Capital Asset Advisory Services LLC’s portfolio, making the stock its 29th biggest holding. Capital Asset Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $18,316,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stifel Financial Corp raised its stake 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 valued at $2,665,000 after purchasing an additional 4,049 shares in the last quarter. Second Line Capital LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 4.5% in 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 in the last quarter. SPC Financial Inc. raised 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 raised its stake in SPDR Portfolio Emerging Markets ETF by 5.4% in the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in 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 valued at $26,322,000 after purchasing an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $38.92 on Monday. The firm’s 50 day simple moving average is $39.01 and its 200 day simple moving average is $39.18. The company has a market capitalization of $9.24 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $42.88.

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.