Flagship Harbor Advisors LLC Has $7.35 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Flagship Harbor Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 35.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 191,614 shares of the company’s stock after acquiring an additional 50,655 shares during the period. Flagship Harbor Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,352,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Stifel Financial Corp boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after purchasing an additional 4,049 shares in the last quarter. Second Line Capital LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock valued at $7,683,000 after acquiring an additional 8,783 shares in the last quarter. SPC Financial Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.1% during the second quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after acquiring an additional 3,889 shares in the last quarter. Advisory Resource Group grew its holdings in SPDR Portfolio Emerging Markets ETF by 5.4% during the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after buying an additional 3,068 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in SPDR Portfolio Emerging Markets ETF by 3.1% during the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after buying an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $38.92 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.94 and a 1 year high of $42.88. The business has a fifty day moving average price of $39.01 and a two-hundred day moving average price of $39.18. The company has a market capitalization of $9.24 billion, a PE 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.