Financial Enhancement Group LLC Has $4.60 Million Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Financial Enhancement Group LLC reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 123,977 shares of the company’s stock after selling 4,229 shares during the quarter. Financial Enhancement Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,596,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its stake 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 buying an additional 4,049 shares during the period. Second Line Capital LLC raised its holdings in shares of 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 worth $7,683,000 after acquiring an additional 8,783 shares in the last quarter. SPC Financial Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 5.1% during 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 during the last quarter. Advisory Resource Group grew 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. 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

SPEM opened at $37.96 on Thursday. The company has a market capitalization of $9.01 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88. The business has a 50-day moving average of $39.21 and a 200-day moving average of $39.17.

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.