8,390 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Acquired by Sovran Advisors LLC

Sovran Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,390 shares of the company’s stock, valued at approximately $315,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPEM. ERn Financial LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.6% in the 3rd quarter. ERn Financial LLC now owns 392,585 shares of the company’s stock worth $16,206,000 after buying an additional 2,480 shares during the last quarter. Investments & Financial Planning LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $214,000. Heritage Family Offices LLP lifted its position in SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Heritage Family Offices LLP now owns 445,640 shares of the company’s stock valued at $18,396,000 after acquiring an additional 3,096 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 6.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 57,515 shares of the company’s stock valued at $2,374,000 after acquiring an additional 3,712 shares in the last quarter. Finally, Leicht Financial Planning & Wealth Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 2.3% in the 3rd quarter. Leicht Financial Planning & Wealth Management Inc. now owns 126,216 shares of the company’s stock valued at $5,210,000 after acquiring an additional 2,817 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

SPEM stock opened at $39.61 on Thursday. The stock has a market capitalization of $9.40 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.30 and a 12-month high of $42.88. The stock’s 50 day simple moving average is $38.90 and its 200 day simple moving average is $39.24.

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.