Sterneck Capital Management LLC Buys 1,370 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Sterneck Capital Management LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,298 shares of the company’s stock after acquiring an additional 1,370 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 6.1% of Sterneck Capital Management LLC’s portfolio, making the stock its 3rd biggest holding. Sterneck Capital Management LLC owned approximately 0.12% of SPDR Portfolio Emerging Markets ETF worth $11,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. Range Financial Group LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 89.5% in the 4th quarter. Range Financial Group LLC now owns 22,513 shares of the company’s stock valued at $864,000 after buying an additional 10,634 shares in the last quarter. One Wealth Capital Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $347,000. Spartan Planning & Wealth Management acquired a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $3,382,000. Integrated Capital Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 4.0% during the fourth quarter. Integrated Capital Management LLC now owns 102,820 shares of the company’s stock worth $3,945,000 after purchasing an additional 3,968 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after purchasing an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $38.28 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.52 and a 52 week high of $42.88. The stock has a market capitalization of $9.09 billion, a P/E ratio of 13.05 and a beta of 0.81. The stock has a fifty day moving average of $39.54 and a 200-day moving average of $39.18.

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.