SPDR Portfolio Emerging Markets ETF $SPEM is Detalus Advisors LLC’s 9th Largest Position

Detalus Advisors LLC lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 41.6% during the 1st quarter, HoldingsChannel reports. The firm owned 225,759 shares of the company’s stock after acquiring an additional 66,272 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 2.4% of Detalus Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Detalus Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,590,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. First Command Advisory Services Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $26,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $32,000. Front Row Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $37,000. Finally, Signaturefd LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $40,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $50.82 on Monday. The firm has a fifty day moving average price of $51.69 and a 200 day moving average price of $49.51. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.34 and a fifty-two week high of $53.54. The firm has a market cap of $17.42 billion, a PE ratio of 15.39 and a beta of 0.60.

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.