Colton Groome Financial Advisors LLC Purchases New Position in SPDR Portfolio Emerging Markets ETF $SPEM

Colton Groome Financial Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 62,390 shares of the company’s stock, valued at approximately $3,229,000. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.8% of Colton Groome Financial Advisors LLC’s portfolio, making the stock its 29th biggest position.

Other hedge funds have also bought and sold shares of the company. Quantinno Capital Management LP raised its position in SPDR Portfolio Emerging Markets ETF by 25.5% in the first quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock valued at $3,745,000 after purchasing an additional 16,232 shares during the period. Gateway Wealth Partners LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 107.2% during the first quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock worth $7,671,000 after buying an additional 84,601 shares during the period. Isthmus Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at $16,291,000. Livet Wealth LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $2,707,000. Finally, LPL Financial LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock valued at $729,630,000 after buying an additional 1,758,866 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock traded up $0.04 on Tuesday, hitting $52.85. The stock had a trading volume of 1,167,698 shares, compared to its average volume of 2,544,537. The company’s 50 day moving average price is $52.20 and its 200-day moving average price is $51.15. SPDR Portfolio Emerging Markets ETF has a 1 year low of $45.28 and a 1 year high of $53.54. The firm has a market capitalization of $17.84 billion, a P/E ratio of 15.39 and a beta of 0.61.

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.