Hershey Financial Advisers LLC Acquires Shares of 1,313 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Hershey Financial Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 2nd quarter, Holdings Channel.com reports. The firm bought 1,313 shares of the company’s stock, valued at approximately $49,000.

Several other hedge funds also recently made changes to their positions in SPEM. Creative Planning boosted its position in SPDR Portfolio Emerging Markets ETF by 2.0% during the 4th quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after buying an additional 504,808 shares during the period. LPL Financial LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.4% in the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock worth $345,358,000 after purchasing an additional 218,418 shares during the last quarter. TIAA Trust National Association increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% during the 1st quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock valued at $196,144,000 after purchasing an additional 312,818 shares during the period. Envestnet Asset Management Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after purchasing an additional 323,995 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 44.4% in the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after buying an additional 747,277 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $41.66 on Monday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $41.90. The firm has a market cap of $9.89 billion, a P/E ratio of 13.05 and a beta of 0.81. The business’s 50 day moving average price is $38.25 and its 200-day moving average price is $37.64.

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.