Forefront Wealth Partners LLC Has $2.46 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

Forefront Wealth Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 28.8% in the fourth quarter, Holdings Channel reports. The fund owned 52,564 shares of the company’s stock after acquiring an additional 11,756 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.2% of Forefront Wealth Partners LLC’s holdings, making the stock its 21st biggest position. Forefront Wealth Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,461,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hantz Financial Services Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after buying an additional 589 shares in the last quarter. Front Row Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares in the last quarter. Signaturefd LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $40,000. International Assets Investment Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $40,000. Finally, Barnes Dennig Private Wealth Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 135.0% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 1,008 shares of the company’s stock valued at $47,000 after buying an additional 579 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.0%

SPDR Portfolio Emerging Markets ETF stock opened at $50.41 on Wednesday. The stock has a 50-day simple moving average of $49.19 and a 200 day simple moving average of $48.54. The stock has a market capitalization of $17.28 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 12-month low of $40.67 and a 12-month high of $53.03.

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.