Wealth Alliance Advisory Group LLC Has $8.24 Million Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wealth Alliance Advisory Group LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 214,785 shares of the company’s stock after purchasing an additional 1,168 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 1.7% of Wealth Alliance Advisory Group LLC’s investment portfolio, making the stock its 18th largest position. Wealth Alliance Advisory Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,241,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SPEM. Archer Investment Corp acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $39,000. Hershey Financial Advisers LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $49,000. McClarren Financial Advisors Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares during the last quarter. Fortitude Family Office LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $121,000. Finally, Abound Wealth Management grew its stake in SPDR Portfolio Emerging Markets ETF by 420.2% during the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock worth $131,000 after buying an additional 2,761 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.9 %

NYSEARCA:SPEM opened at $38.26 on Friday. The stock has a market capitalization of $9.08 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 $33.72 and a 1 year high of $42.88. The firm has a 50 day moving average of $39.09 and a 200-day moving average of $39.17.

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.