Financial Enhancement Group LLC Has $5.29 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Financial Enhancement Group LLC decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,206 shares of the company’s stock after selling 5,222 shares during the period. Financial Enhancement Group LLC owned about 0.05% of SPDR Portfolio Emerging Markets ETF worth $5,292,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SPEM. Quent Capital LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 17.6% in the first quarter. Quent Capital LLC now owns 58,427 shares of the company’s stock worth $2,114,000 after purchasing an additional 8,748 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 9.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,381,415 shares of the company’s stock worth $49,993,000 after acquiring an additional 118,269 shares during the last quarter. PFG Advisors acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $305,000. WealthPLAN Partners LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.5% in the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock worth $304,000 after acquiring an additional 282 shares during the period. Finally, Atomi Financial Group Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 15.1% in the first quarter. Atomi Financial Group Inc. now owns 34,094 shares of the company’s stock valued at $1,234,000 after acquiring an additional 4,470 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $40.62 on Thursday. The firm has a market cap of $9.64 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.48 and a 52-week high of $42.88. The firm has a 50 day moving average price of $40.11 and a two-hundred day moving average price of $38.61.

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.