Focus Financial Network Inc. Raises Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Focus Financial Network Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,906 shares of the company’s stock after purchasing an additional 854 shares during the quarter. Focus Financial Network Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SPEM. Norden Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $879,000. Quent Capital LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 17.6% in the 1st quarter. Quent Capital LLC now owns 58,427 shares of the company’s stock valued at $2,114,000 after acquiring an additional 8,748 shares during the last quarter. Salomon & Ludwin LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 22.5% during the 1st quarter. Salomon & Ludwin LLC now owns 10,019 shares of the company’s stock worth $363,000 after purchasing an additional 1,837 shares during the period. Richardson Financial Services Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.6% during the first quarter. Richardson Financial Services Inc. now owns 76,573 shares of the company’s stock worth $2,771,000 after purchasing an additional 2,685 shares during the last quarter. Finally, Csenge Advisory Group grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.0% in the first quarter. Csenge Advisory Group now owns 54,026 shares of the company’s stock valued at $1,955,000 after purchasing an additional 3,054 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.1 %

SPDR Portfolio Emerging Markets ETF stock opened at $40.25 on Monday. The stock has a fifty day moving average price of $39.98 and a 200 day moving average price of $38.52. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.99 and a 52 week high of $42.88. The firm has a market capitalization of $9.56 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.