Millington Financial Advisors LLC Buys 3,721 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Millington Financial Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 161,507 shares of the company’s stock after purchasing an additional 3,721 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 3.6% of Millington Financial Advisors LLC’s holdings, making the stock its 7th biggest position. Millington Financial Advisors LLC owned 0.07% of SPDR Portfolio Emerging Markets ETF worth $6,215,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPEM. State Street Corp raised its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the period. LPL Financial LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the last quarter. Life Planning Partners Inc lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3,737.0% in the fourth quarter. Life Planning Partners Inc now owns 431,778 shares of the company’s stock valued at $16,567,000 after buying an additional 420,525 shares in the last quarter. Tidal Investments LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at $13,246,000. Finally, Onyx Bridge Wealth Group LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 694.6% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock valued at $10,142,000 after buying an additional 231,050 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $39.74 on Tuesday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $35.00 and a fifty-two week high of $42.88. The firm has a market capitalization of $10.38 billion, a PE ratio of 14.32 and a beta of 0.66. The company’s 50-day moving average is $38.86 and its 200 day moving average is $39.41.

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.