ATX Financial Planning LLC Takes $692,000 Position in SPDR Portfolio Emerging Markets ETF $SPEM

ATX Financial Planning LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 14,781 shares of the company’s stock, valued at approximately $692,000.

Several other hedge funds have also recently modified their holdings of SPEM. Paces Ferry Wealth Advisors LLC raised its stake 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 worth $236,000 after buying an additional 200 shares in the last quarter. Mascagni Wealth Management Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.8% in the 4th quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after acquiring an additional 207 shares during the period. River Street Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after acquiring an additional 209 shares during the period. Kraft Davis & Associates LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after acquiring an additional 213 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock worth $1,531,000 after acquiring an additional 222 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $53.08 on Friday. The stock has a market capitalization of $18.20 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1-year low of $40.83 and a 1-year high of $53.54. The business has a fifty day moving average price of $51.43 and a 200 day moving average price of $49.30.

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.