J.W. Cole Advisors Inc. Boosts Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

J.W. Cole Advisors Inc. raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 62.6% during the third quarter, HoldingsChannel.com reports. The fund owned 32,509 shares of the company’s stock after purchasing an additional 12,512 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,522,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of SPEM. Ritholtz Wealth Management increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock worth $907,000 after purchasing an additional 210 shares during the last quarter. Verus Capital Partners LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 1.3% during the 2nd quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock valued at $787,000 after buying an additional 235 shares in the last quarter. Rockbridge Investment Management LCC increased its stake in SPDR Portfolio Emerging Markets ETF by 1.0% in the 2nd quarter. Rockbridge Investment Management LCC now owns 25,083 shares of the company’s stock worth $1,072,000 after acquiring an additional 239 shares during the last quarter. Echo Wealth Management LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 0.4% in the 3rd quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock worth $2,894,000 after acquiring an additional 242 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.5% during the 2nd quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock worth $722,000 after acquiring an additional 244 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $49.91 on Friday. The firm has a fifty day moving average price of $47.96 and a 200 day moving average price of $46.64. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $50.58. The firm has a market cap of $16.67 billion, a PE ratio of 15.39 and a beta of 0.56.

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.