CGN Advisors LLC Has $18.62 Million Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

CGN Advisors LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 485,319 shares of the company’s stock after acquiring an additional 16,704 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.8% of CGN Advisors LLC’s portfolio, making the stock its 11th biggest position. CGN Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $18,622,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPEM. Integrated Investment Consultants LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 16.5% during the fourth quarter. Integrated Investment Consultants LLC now owns 189,758 shares of the company’s stock worth $7,281,000 after acquiring an additional 26,866 shares in the last quarter. Mason & Associates LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% during the 4th quarter. Mason & Associates LLC now owns 110,126 shares of the company’s stock worth $4,226,000 after purchasing an additional 6,869 shares in the last quarter. Merit Financial Group LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.2% in the fourth quarter. Merit Financial Group LLC now owns 164,100 shares of the company’s stock valued at $6,297,000 after acquiring an additional 2,007 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 13.1% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 105,138 shares of the company’s stock valued at $4,034,000 after acquiring an additional 12,166 shares during the last quarter. Finally, Truefg LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.5% during the fourth quarter. Truefg LLC now owns 267,236 shares of the company’s stock valued at $10,254,000 after acquiring an additional 1,359 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $38.26 on Friday. The stock has a fifty day moving average price of $39.09 and a 200-day moving average price of $39.16. The firm has a market cap of $9.08 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.72 and a 1 year high of $42.88.

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.