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

Optimist Retirement Group LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 155,987 shares of the company’s stock after acquiring an additional 3,171 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 2.8% of Optimist Retirement Group LLC’s portfolio, making the stock its 8th biggest position. Optimist Retirement Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,985,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its position in shares of SPDR Portfolio Emerging Markets ETF by 56.4% during the second quarter. Bank of Montreal Can now owns 9,734 shares of the company’s stock worth $367,000 after purchasing an additional 3,510 shares during the period. Truist Financial Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 42.9% during the 2nd quarter. Truist Financial Corp now owns 43,603 shares of the company’s stock worth $1,643,000 after buying an additional 13,084 shares during the period. Axiom Advisory LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 33.2% in the third quarter. Axiom Advisory LLC now owns 24,362 shares of the company’s stock valued at $934,000 after buying an additional 6,074 shares in the last quarter. Atomi Financial Group Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.5% in the third quarter. Atomi Financial Group Inc. now owns 31,969 shares of the company’s stock valued at $1,320,000 after buying an additional 485 shares in the last quarter. Finally, Partnership Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 605.9% in the third quarter. Partnership Wealth Management LLC now owns 50,089 shares of the company’s stock valued at $2,068,000 after buying an additional 42,993 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.2 %

Shares of NYSEARCA:SPEM opened at $39.04 on Thursday. The firm 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 12 month low of $34.30 and a 12 month high of $42.88. The company’s fifty day simple moving average is $38.92 and its 200 day simple moving average is $39.18.

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.