SPDR Portfolio Emerging Markets ETF $SPEM Stock Position Raised by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 621,969 shares of the company’s stock after purchasing an additional 24,748 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 1.3% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 26th biggest holding. Capital Asset Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $29,114,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Addison Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $49,000. Allworth Financial LP boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.9% in the second quarter. Allworth Financial LP now owns 6,689,099 shares of the company’s stock worth $285,892,000 after purchasing an additional 121,550 shares in the last quarter. Truist Financial Corp increased its position in SPDR Portfolio Emerging Markets ETF by 10.1% during the second quarter. Truist Financial Corp now owns 96,702 shares of the company’s stock worth $4,133,000 after buying an additional 8,909 shares during the last quarter. Focus Financial Network Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 3.8% during the second quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after buying an additional 263 shares during the last quarter. Finally, Advocacy Wealth Management Services LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the second quarter valued at about $29,141,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $46.77 on Tuesday. The stock has a market capitalization of $14.44 billion, a P/E ratio of 15.39 and a beta of 0.56. The business has a 50-day moving average of $47.14 and a two-hundred day moving average of $45.09. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $48.56.

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.