SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) is ERn Financial LLC’s 9th Largest Position

ERn Financial LLC decreased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 363,775 shares of the company’s stock after selling 29,957 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 2.3% of ERn Financial LLC’s portfolio, making the stock its 9th largest position. ERn Financial LLC owned 0.14% of SPDR Portfolio Emerging Markets ETF worth $14,322,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. ORBA Wealth Advisors L.L.C. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the first quarter. ORBA Wealth Advisors L.L.C. now owns 108,024 shares of the company’s stock valued at $4,253,000 after purchasing an additional 11,790 shares in the last quarter. Northern Trust Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 16.1% in the fourth quarter. Northern Trust Corp now owns 8,648 shares of the company’s stock valued at $332,000 after purchasing an additional 1,200 shares during the last quarter. Tortoise Investment Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 3.6% in the fourth quarter. Tortoise Investment Management LLC now owns 302,406 shares of the company’s stock worth $11,603,000 after purchasing an additional 10,486 shares in the last quarter. US Bancorp DE raised its holdings in SPDR Portfolio Emerging Markets ETF by 4.5% in the fourth quarter. US Bancorp DE now owns 9,542 shares of the company’s stock worth $366,000 after purchasing an additional 407 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 175.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 35,465 shares of the company’s stock valued at $1,361,000 after buying an additional 22,597 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $41.85 on Thursday. The company’s 50-day simple moving average is $40.49 and its 200-day simple moving average is $39.55. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $42.88. The stock has a market capitalization of $11.78 billion, a P/E ratio of 14.73 and a beta of 0.56.

About SPDR Portfolio Emerging Markets ETF

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.