Financial Strategies Group Inc. Purchases 10,963 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Financial Strategies Group Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.9% during the 4th quarter, HoldingsChannel reports. The fund owned 601,163 shares of the company’s stock after purchasing an additional 10,963 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 5.3% of Financial Strategies Group Inc.’s investment portfolio, making the stock its 4th largest holding. Financial Strategies Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $29,042,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Hantz Financial Services Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after acquiring an additional 589 shares during the period. First Horizon Corp acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $29,000. Front Row Advisors LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 147.9% in 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. Signaturefd LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $40,000. Finally, International Assets Investment Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $40,000.

SPDR Portfolio Emerging Markets ETF Trading Up 1.2%

NYSEARCA:SPEM opened at $52.22 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $40.67 and a 1-year high of $53.03. The business’s 50-day moving average price is $48.93 and its two-hundred day moving average price is $48.46. The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.

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.