Signet Financial Management LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 7.0% during the 4th quarter, Holdings Channel reports. The firm owned 149,113 shares of the company’s stock after purchasing an additional 9,758 shares during the quarter. Signet Financial Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,280,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Investment Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $28,000. Sanctuary Wealth Management L.L.C. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $28,000. Carmichael Hill & Associates Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $32,000. PCA Investment Advisory Services Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $32,000. Finally, FinTrust Capital Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $36,000.
SPDR Portfolio Emerging Markets ETF Trading Down 1.2 %
NYSEARCA SPEM traded down $0.44 on Tuesday, hitting $35.33. 3,019,819 shares of the company were exchanged, compared to its average volume of 1,916,256. The firm has a 50 day moving average of $35.85 and a two-hundred day moving average of $34.75. The company has a market cap of $8.39 billion, a P/E ratio of 12.11 and a beta of 0.78. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $37.06.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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