Avantax Advisory Services Inc. Has $905,000 Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Avantax Advisory Services Inc. grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 32.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,581 shares of the company’s stock after purchasing an additional 5,805 shares during the period. Avantax Advisory Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $905,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Compass Planning Associates Inc acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $28,000. Strategic Wealth Investment Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $46,000. Rialto Wealth Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $60,000. SBI Securities Co. Ltd. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $64,000. Finally, Archer Investment Corp raised its position in SPDR Portfolio Emerging Markets ETF by 83.7% in the 4th quarter. Archer Investment Corp now owns 1,723 shares of the company’s stock valued at $66,000 after purchasing an additional 785 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $40.20 on Friday. The stock’s fifty day moving average is $39.22 and its 200-day moving average is $39.58. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The stock has a market capitalization of $10.63 billion, a PE ratio of 14.80 and a beta of 0.67.

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.