Kathleen S. Wright Associates Inc. Boosts Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Kathleen S. Wright Associates Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,221 shares of the company’s stock after purchasing an additional 747 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 0.8% of Kathleen S. Wright Associates Inc.’s holdings, making the stock its 28th largest position. Kathleen S. Wright Associates Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,042,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SPEM. Archer Investment Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $39,000. Strategic Wealth Investment Group LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $46,000. Blue Trust Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 474.2% during the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after buying an additional 1,878 shares in the last quarter. 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 last quarter. Finally, Fortitude Family Office LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $121,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $38.48 on Tuesday. The company’s 50-day moving average is $38.93 and its 200 day moving average is $39.17. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $42.88. The firm has a market capitalization of $9.14 billion, a P/E ratio of 13.05 and a beta of 0.81.

SPDR Portfolio Emerging Markets ETF 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.