SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Bought by Optimist Retirement Group LLC

Optimist Retirement Group LLC grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 155,987 shares of the company’s stock after acquiring an additional 3,171 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 2.8% of Optimist Retirement Group LLC’s portfolio, making the stock its 8th largest holding. Optimist Retirement Group LLC owned approximately 0.07% of SPDR Portfolio Emerging Markets ETF worth $5,985,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Stifel Financial Corp lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after acquiring an additional 4,049 shares during the period. Advisory Resource Group raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.4% in the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares in the last quarter. JPMorgan Chase & Co. lifted its position in SPDR Portfolio Emerging Markets ETF by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after purchasing an additional 19,370 shares during the period. Forbes Financial Planning Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 8.8% during the third quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock worth $3,019,000 after buying an additional 5,937 shares in the last quarter. Finally, Broadview Financial Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 24.4% in the 3rd quarter. Broadview Financial Management LLC now owns 27,003 shares of the company’s stock valued at $1,115,000 after buying an additional 5,299 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $39.04 on Thursday. The firm has a fifty day moving average of $38.92 and a 200-day moving average of $39.18. The stock has a market cap of $9.27 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 $34.30 and a 52-week high of $42.88.

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.