Capital Financial Group Inc. Co. ADV Acquires Shares of 126,650 SPDR Portfolio Emerging Markets ETF $SPEM

Capital Financial Group Inc. Co. ADV acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 126,650 shares of the company’s stock, valued at approximately $5,929,000. SPDR Portfolio Emerging Markets ETF comprises approximately 3.3% of Capital Financial Group Inc. Co. ADV’s investment portfolio, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Paces Ferry Wealth Advisors LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 4.1% in the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock valued at $236,000 after purchasing an additional 200 shares during the last quarter. Mascagni Wealth Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 4.8% in the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after purchasing an additional 207 shares during the last quarter. River Street Advisors LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 1.8% in the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after purchasing an additional 209 shares during the last quarter. Kraft Davis & Associates LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 4.5% in the fourth quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock valued at $240,000 after purchasing an additional 213 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in SPDR Portfolio Emerging Markets ETF by 0.7% in the third quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after purchasing an additional 222 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $53.17 on Tuesday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $40.83 and a fifty-two week high of $53.54. The company has a market capitalization of $18.23 billion, a P/E ratio of 15.39 and a beta of 0.60. The stock has a 50 day moving average price of $51.09 and a two-hundred day moving average price of $49.18.

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.