Harbor Advisory Corp MA Boosts Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Harbor Advisory Corp MA raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 27.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 89,842 shares of the company’s stock after acquiring an additional 19,593 shares during the period. Harbor Advisory Corp MA’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,447,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPEM. State Street Corp grew its position in SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares in the last quarter. LPL Financial LLC grew its position in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares in the last quarter. Tidal Investments LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $13,246,000. Onyx Bridge Wealth Group LLC grew its position in SPDR Portfolio Emerging Markets ETF by 694.6% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock worth $10,142,000 after buying an additional 231,050 shares in the last quarter. Finally, Assetmark Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 10.2% during the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after buying an additional 204,960 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.5 %

SPDR Portfolio Emerging Markets ETF stock opened at $39.39 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.30 and a 52 week high of $42.88. The business has a 50-day simple moving average of $38.91 and a 200 day simple moving average of $39.23. The stock has a market cap of $9.35 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.