Sharkey Howes & Javer Invests $6.94 Million in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Sharkey Howes & Javer purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 168,041 shares of the company’s stock, valued at approximately $6,937,000. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.0% of Sharkey Howes & Javer’s portfolio, making the stock its 22nd largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPEM. Cetera Investment Advisers lifted its stake in SPDR Portfolio Emerging Markets ETF by 282.1% during the first quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock worth $49,962,000 after purchasing an additional 1,019,272 shares during the period. Koss Olinger Consulting LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $30,376,000. Jane Street Group LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 44.4% during the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after acquiring an additional 747,277 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 83.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock valued at $59,488,000 after buying an additional 719,833 shares during the period. Finally, Heritage Family Offices LLP acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $16,671,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.8 %

SPEM traded down $0.34 during trading on Monday, hitting $40.91. The company had a trading volume of 370,282 shares, compared to its average volume of 1,606,232. The company has a market capitalization of $9.71 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $42.88. The firm’s 50-day moving average price is $39.52 and its 200 day moving average price is $38.21.

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.