Mascoma Wealth Management LLC Raises Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Mascoma Wealth Management LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 105,555 shares of the company’s stock after acquiring an additional 1,942 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 1.1% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. Mascoma Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,357,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of SPEM. Cetera Investment Advisers increased its holdings in SPDR Portfolio Emerging Markets ETF by 282.1% in the first quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock valued at $49,962,000 after buying an additional 1,019,272 shares in the last quarter. Koss Olinger Consulting LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $30,376,000. Jane Street Group LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 44.4% during the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after purchasing an additional 747,277 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 83.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock valued at $59,488,000 after buying an additional 719,833 shares in the last quarter. Finally, Heritage Family Offices LLP acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $16,671,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $40.28 on Tuesday. The stock has a market capitalization of $9.56 billion, a P/E ratio of 13.05 and a beta of 0.81. The company’s fifty day moving average price is $40.24 and its 200 day moving average price is $38.73. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88.

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.