SPDR Portfolio Emerging Markets ETF $SPEM Shares Purchased by Brookstone Capital Management

Brookstone Capital Management raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 37.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 282,689 shares of the company’s stock after acquiring an additional 77,700 shares during the period. Brookstone Capital Management owned approximately 0.08% of SPDR Portfolio Emerging Markets ETF worth $13,261,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. First Command Advisory Services Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $26,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $32,000. Front Row Advisors LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares during the period. IFC & Insurance Marketing Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $37,000. Finally, Signaturefd LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $53.13 on Tuesday. The stock’s 50 day moving average price is $51.59 and its 200 day moving average price is $49.39. SPDR Portfolio Emerging Markets ETF has a 1-year low of $40.83 and a 1-year high of $53.54. The company has a market cap of $18.21 billion, a PE ratio of 15.39 and a beta of 0.60.

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.