Affiance Financial LLC Acquires 9,324 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Affiance Financial LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 155,987 shares of the company’s stock after purchasing an additional 9,324 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 1.4% of Affiance Financial LLC’s investment portfolio, making the stock its 12th biggest position. Affiance Financial LLC owned about 0.07% of SPDR Portfolio Emerging Markets ETF worth $5,985,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Archer Investment Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $39,000. Hershey Financial Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth $49,000. McClarren Financial Advisors Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares during the period. Fortitude Family Office LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $121,000. Finally, Abound Wealth Management increased its stake in SPDR Portfolio Emerging Markets ETF by 420.2% in the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock valued at $131,000 after purchasing an additional 2,761 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $38.92 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.94 and a fifty-two week high of $42.88. The company’s 50-day moving average is $39.01 and its 200 day moving average is $39.18. The company has a market capitalization of $9.24 billion, a P/E 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.