20,387 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Bought by Hughes Financial Services LLC

Hughes Financial Services LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,387 shares of the company’s stock, valued at approximately $782,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the last quarter. Allworth Financial LP grew its position in SPDR Portfolio Emerging Markets ETF by 3.0% during the fourth quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock valued at $250,381,000 after acquiring an additional 189,092 shares during the last quarter. State Street Corp grew its position in SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after acquiring an additional 591,019 shares during the last quarter. Bank of New York Mellon Corp grew its position in SPDR Portfolio Emerging Markets ETF by 37.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after acquiring an additional 740,980 shares during the last quarter. Finally, Townsquare Capital LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.5% during the third quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after purchasing an additional 132,008 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.4 %

Shares of SPEM stock opened at $39.35 on Friday. The firm has a market capitalization of $10.40 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. The stock has a fifty day moving average of $39.00 and a 200 day moving average of $39.52. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88.

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.