Arax Advisory Partners Makes New Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Arax Advisory Partners acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 185,754 shares of the company’s stock, valued at approximately $8,695,000. Arax Advisory Partners owned 0.06% of SPDR Portfolio Emerging Markets ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. First Command Advisory Services Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $26,000. Hantz Financial Services Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after buying an additional 589 shares during the period. Front Row Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after buying an additional 460 shares during the period. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $37,000. Finally, Signaturefd LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $40,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.9%

SPEM opened at $52.11 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $40.83 and a twelve month high of $53.54. The company has a fifty day moving average of $50.96 and a 200-day moving average of $49.12. The stock has a market cap of $17.86 billion, a PE ratio of 15.39 and a beta of 0.60.

SPDR Portfolio Emerging Markets ETF 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.