Capital Asset Advisory Services LLC Raises Position in SPDR Portfolio Emerging Markets ETF $SPEM

Capital Asset Advisory Services LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 666,463 shares of the company’s stock after acquiring an additional 46,113 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 1.2% of Capital Asset Advisory Services LLC’s holdings, making the stock its 26th largest position. Capital Asset Advisory Services LLC owned 0.19% of SPDR Portfolio Emerging Markets ETF worth $34,056,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. First Command Advisory Services Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $26,000. Safe Harbor Fiduciary LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $32,000. Front Row Advisors LLC lifted its position in 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 valued at $36,000 after buying an additional 460 shares during the period. IFC & Insurance Marketing Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $37,000. Finally, Signaturefd LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $40,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.9%

Shares of SPEM stock opened at $51.30 on Thursday. The company’s fifty day moving average price is $51.72 and its 200-day moving average price is $49.60. The stock has a market cap of $17.31 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 12 month low of $42.61 and a 12 month high of $53.54.

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.