IFP Advisors Inc Grows Position in SPDR Portfolio Emerging Markets ETF $SPEM

IFP Advisors Inc raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 18.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 164,298 shares of the company’s stock after purchasing an additional 25,284 shares during the quarter. IFP Advisors Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,507,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Baird Financial Group Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 17.1% in the second quarter. Baird Financial Group Inc. now owns 22,325 shares of the company’s stock worth $1,156,000 after purchasing an additional 3,252 shares during the last quarter. XY Planning Network Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 33.2% during the second quarter. XY Planning Network Inc. now owns 22,882 shares of the company’s stock worth $1,185,000 after purchasing an additional 5,702 shares during the period. BayBridge Capital Group LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 7.4% in the second quarter. BayBridge Capital Group LLC now owns 66,621 shares of the company’s stock valued at $3,450,000 after buying an additional 4,581 shares during the last quarter. Waverly Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 6.3% in the second quarter. Waverly Advisors LLC now owns 249,966 shares of the company’s stock valued at $12,943,000 after buying an additional 14,763 shares during the last quarter. Finally, Second Line Capital LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 3.2% in the 2nd quarter. Second Line Capital LLC now owns 251,929 shares of the company’s stock worth $13,045,000 after buying an additional 7,850 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.6%

SPEM opened at $52.97 on Thursday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54. The firm has a market capitalization of $17.93 billion, a PE ratio of 15.39 and a beta of 0.61. The firm has a 50 day moving average of $51.76 and a two-hundred day moving average of $50.73.

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.