SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Bought by KFG Wealth Management LLC

KFG Wealth Management LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 31.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 385,342 shares of the company’s stock after purchasing an additional 92,242 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 2.8% of KFG Wealth Management LLC’s portfolio, making the stock its 9th largest position. KFG Wealth Management LLC owned about 0.16% of SPDR Portfolio Emerging Markets ETF worth $14,786,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SPEM. LPL Financial LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares in the last quarter. Allworth Financial LP lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after acquiring an additional 67,205 shares during the period. State Street Corp boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares in the last quarter. Assetmark Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.2% during the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after purchasing an additional 204,960 shares during the period. Finally, Townsquare Capital LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.5% in the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after purchasing an additional 132,008 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.5 %

Shares of NYSEARCA SPEM opened at $38.92 on Friday. The firm has a 50-day moving average price of $39.01 and a 200 day moving average price of $39.18. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.94 and a 52 week high of $42.88. The stock has a market capitalization of $9.24 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.