SPDR Portfolio Emerging Markets ETF $SPEM Shares Bought by KFG Wealth Management LLC

KFG Wealth Management LLC grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 562,583 shares of the company’s stock after buying an additional 45,659 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 3.5% of KFG Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. KFG Wealth Management LLC owned approximately 0.17% of SPDR Portfolio Emerging Markets ETF worth $26,334,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Apella Capital LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 78.8% in the fourth quarter. Apella Capital LLC now owns 33,110 shares of the company’s stock valued at $1,550,000 after buying an additional 14,587 shares during the last quarter. Flagship Harbor Advisors LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 13.5% during the 4th quarter. Flagship Harbor Advisors LLC now owns 303,211 shares of the company’s stock worth $14,193,000 after purchasing an additional 36,087 shares during the last quarter. Portside Wealth Group LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 23.1% during the 4th quarter. Portside Wealth Group LLC now owns 269,582 shares of the company’s stock worth $12,619,000 after purchasing an additional 50,639 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 4,642.8% during the 4th quarter. Sound Income Strategies LLC now owns 11,193 shares of the company’s stock worth $545,000 after purchasing an additional 10,957 shares during the last quarter. Finally, OLIO Financial Planning lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.3% during the 4th quarter. OLIO Financial Planning now owns 67,587 shares of the company’s stock worth $3,164,000 after purchasing an additional 3,995 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4%

NYSEARCA:SPEM opened at $46.93 on Tuesday. The stock has a market cap of $16.09 billion, a P/E ratio of 15.39 and a beta of 0.56. The stock has a 50 day simple moving average of $48.63 and a 200 day simple moving average of $47.78. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $51.35.

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.