Blue Barn Wealth LLC Raises Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Blue Barn Wealth LLC raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,066 shares of the company’s stock after buying an additional 3,998 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 1.7% of Blue Barn Wealth LLC’s portfolio, making the stock its 13th biggest position. Blue Barn Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,226,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $76,342,000. SPC Financial Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 0.8% in the fourth quarter. SPC Financial Inc. now owns 79,951 shares of the company’s stock valued at $3,068,000 after purchasing an additional 610 shares during the last quarter. Dravo Bay LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 73.9% in the fourth quarter. Dravo Bay LLC now owns 16,552 shares of the company’s stock valued at $635,000 after purchasing an additional 7,035 shares during the last quarter. Mainstream Capital Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $151,000. Finally, Synergy Investment Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $131,000.

SPDR Portfolio Emerging Markets ETF Stock Up 2.8 %

Shares of NYSEARCA:SPEM opened at $39.95 on Thursday. The stock’s fifty day simple moving average is $38.89 and its 200-day simple moving average is $39.49. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88. The company has a market capitalization of $10.43 billion, a P/E ratio of 14.32 and a beta of 0.66.

SPDR Portfolio Emerging Markets ETF 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.