Great Valley Advisor Group Inc. Buys 4,994 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Great Valley Advisor Group Inc. grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 134,398 shares of the company’s stock after purchasing an additional 4,994 shares during the period. Great Valley Advisor Group Inc. owned about 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,063,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPEM. American National Bank lifted its holdings in SPDR Portfolio Emerging Markets ETF by 179.0% during the fourth quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after acquiring an additional 519 shares in the last quarter. Frazier Financial Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $32,000. Lynx Investment Advisory acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $35,000. WASHINGTON TRUST Co acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $44,000. Finally, LRI Investments LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $101,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.24 on Wednesday, hitting $37.67. The company had a trading volume of 503,211 shares, compared to its average volume of 1,615,916. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.06 and a twelve month high of $39.32. The stock has a 50-day moving average of $37.86 and a 200-day moving average of $36.84. The firm has a market capitalization of $8.94 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.