Blue Barn Wealth LLC Boosts Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Blue Barn Wealth LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,849 shares of the company’s stock after purchasing an additional 3,619 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.5% of Blue Barn Wealth LLC’s portfolio, making the stock its 17th biggest holding. Blue Barn Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,544,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Fiduciary Alliance LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.0% during the fourth quarter. Fiduciary Alliance LLC now owns 117,258 shares of the company’s stock valued at $4,152,000 after acquiring an additional 2,278 shares during the period. Callan Capital LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $251,000. Eudaimonia Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 2.1% in the 4th quarter. Eudaimonia Advisors LLC now owns 16,180 shares of the company’s stock worth $573,000 after buying an additional 329 shares during the period. Private Advisor Group LLC increased its position in SPDR Portfolio Emerging Markets ETF by 14.4% in the 4th quarter. Private Advisor Group LLC now owns 1,293,431 shares of the company’s stock worth $45,800,000 after buying an additional 162,689 shares during the period. Finally, Larson Financial Group LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.7% in the fourth quarter. Larson Financial Group LLC now owns 75,701 shares of the company’s stock valued at $2,681,000 after acquiring an additional 7,341 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM traded down $0.04 on Wednesday, reaching $37.38. 756,359 shares of the stock traded hands, compared to its average volume of 1,845,492. The stock’s 50-day moving average price is $36.21 and its 200-day moving average price is $35.10. The firm has a market cap of $8.87 billion, a price-to-earnings ratio of 12.30 and a beta of 0.79. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $37.69.

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.