ORBA Wealth Advisors L.L.C. Grows Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

ORBA Wealth Advisors L.L.C. increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 96,234 shares of the company’s stock after purchasing an additional 1,058 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.9% of ORBA Wealth Advisors L.L.C.’s investment portfolio, making the stock its 18th biggest position. ORBA Wealth Advisors L.L.C.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,693,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp raised its position in shares of SPDR Portfolio Emerging Markets ETF by 37.9% in the fourth quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after buying an additional 740,980 shares during the last quarter. State Street Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after acquiring an additional 591,019 shares during the last quarter. LPL Financial LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after purchasing an additional 476,292 shares in the last quarter. Life Planning Partners Inc boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3,737.0% during the 4th quarter. Life Planning Partners Inc now owns 431,778 shares of the company’s stock worth $16,567,000 after purchasing an additional 420,525 shares during the last quarter. Finally, Tidal Investments LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $13,246,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $39.79 on Wednesday. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88. The stock has a market cap of $10.39 billion, a PE ratio of 14.32 and a beta of 0.66. The stock has a 50 day moving average price of $38.86 and a 200 day moving average price of $39.44.

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.