AlphaStar Capital Management LLC Has $22.92 Million Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

AlphaStar Capital Management LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 597,217 shares of the company’s stock after acquiring an additional 21,951 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 2.4% of AlphaStar Capital Management LLC’s investment portfolio, making the stock its 12th biggest holding. AlphaStar Capital Management LLC owned approximately 0.25% of SPDR Portfolio Emerging Markets ETF worth $22,915,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Archer Investment Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth approximately $39,000. Strategic Wealth Investment Group LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $46,000. Blue Trust Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares in the last quarter. McClarren Financial Advisors Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 583.2% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $121,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.0 %

NYSEARCA SPEM opened at $39.18 on Friday. The company has a market cap of $9.30 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.30 and a 1-year high of $42.88. The company has a 50 day moving average of $38.91 and a 200-day moving average of $39.19.

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.