Strategic Financial Concepts LLC Raises Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Strategic Financial Concepts LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 649.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 148,707 shares of the company’s stock after purchasing an additional 128,861 shares during the quarter. Strategic Financial Concepts LLC owned approximately 0.06% of SPDR Portfolio Emerging Markets ETF worth $56,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers raised its stake in SPDR Portfolio Emerging Markets ETF by 282.1% in the first quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock valued at $49,962,000 after buying an additional 1,019,272 shares during the last quarter. Jane Street Group LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 44.4% in the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after buying an additional 747,277 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 83.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock valued at $59,488,000 after buying an additional 719,833 shares during the last quarter. Wells Fargo & Company MN raised its stake in SPDR Portfolio Emerging Markets ETF by 38.2% in the fourth quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock valued at $88,239,000 after buying an additional 688,304 shares during the last quarter. Finally, Creative Planning raised its stake in SPDR Portfolio Emerging Markets ETF by 2.0% in the fourth quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after buying an additional 504,808 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $37.65 on Wednesday. The stock has a 50-day moving average of $38.05 and a two-hundred day moving average of $37.32. The stock has a market cap of $8.94 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $39.32.

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.