SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by Professional Financial Advisors LLC

Professional Financial Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 31.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,951 shares of the company’s stock after buying an additional 4,050 shares during the quarter. Professional Financial Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $583,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. ONE Advisory Partners LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.4% in the 2nd quarter. ONE Advisory Partners LLC now owns 182,616 shares of the company’s stock valued at $6,278,000 after buying an additional 5,989 shares during the period. Sunburst Financial Group LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 3.9% in the second quarter. Sunburst Financial Group LLC now owns 19,679 shares of the company’s stock valued at $677,000 after acquiring an additional 731 shares during the period. Affiance Financial LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 25.1% in the 2nd quarter. Affiance Financial LLC now owns 39,973 shares of the company’s stock worth $1,374,000 after purchasing an additional 8,024 shares in the last quarter. Luken Investment Analytics LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 42.7% during the 2nd quarter. Luken Investment Analytics LLC now owns 953,772 shares of the company’s stock worth $32,791,000 after purchasing an additional 285,496 shares during the period. Finally, Advisory Resource Group increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 14.7% during the 2nd quarter. Advisory Resource Group now owns 61,954 shares of the company’s stock valued at $2,130,000 after purchasing an additional 7,934 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $34.26 on Tuesday. The company has a fifty day moving average of $34.75 and a two-hundred day moving average of $34.29. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of 10.59 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $29.80 and a fifty-two week high of $36.44.

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.