Portland Financial Advisors Inc Acquires 2,085 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Portland Financial Advisors Inc raised its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,345 shares of the company’s stock after purchasing an additional 2,085 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 1.8% of Portland Financial Advisors Inc’s portfolio, making the stock its 15th largest holding. Portland Financial Advisors Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $722,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SPEM. 3EDGE Asset Management LP lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,500.7% during the 1st quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock worth $30,598,000 after acquiring an additional 747,171 shares during the period. Bank of America Corp DE lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 33.5% during the 4th quarter. Bank of America Corp DE now owns 2,956,916 shares of the company’s stock worth $113,457,000 after acquiring an additional 742,179 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,899,908 shares of the company’s stock worth $226,379,000 after acquiring an additional 634,469 shares during the period. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after acquiring an additional 620,049 shares during the period. Finally, Cerity Partners LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 24.6% during the 1st quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock worth $108,913,000 after acquiring an additional 545,724 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.1%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $43.58 on Wednesday. The company has a 50 day moving average of $42.48 and a 200-day moving average of $40.32. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $44.22. The company has a market cap of $12.68 billion, a PE ratio of 15.39 and a beta of 0.68.

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.