Brooklyn FI LLC Buys 6,098,077 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Brooklyn FI LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6,305.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,194,793 shares of the company’s stock after acquiring an additional 6,098,077 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 1.3% of Brooklyn FI LLC’s holdings, making the stock its 24th biggest position. Brooklyn FI LLC owned about 2.61% of SPDR Portfolio Emerging Markets ETF worth $249,018,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPEM. BIP Wealth LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 6.9% in the third quarter. BIP Wealth LLC now owns 98,847 shares of the company’s stock valued at $4,080,000 after purchasing an additional 6,400 shares during the last quarter. Wrapmanager Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 20.2% during the 3rd quarter. Wrapmanager Inc. now owns 194,914 shares of the company’s stock valued at $8,046,000 after buying an additional 32,755 shares during the last quarter. Spectrum Planning & Advisory Services Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 18.7% during the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 16,305 shares of the company’s stock worth $673,000 after acquiring an additional 2,573 shares during the period. Vance Wealth Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $218,000. Finally, PNC Financial Services Group Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 42.1% during the third quarter. PNC Financial Services Group Inc. now owns 121,355 shares of the company’s stock valued at $5,010,000 after purchasing an additional 35,928 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.4 %

Shares of NYSEARCA:SPEM opened at $40.47 on Wednesday. The firm has a market capitalization of $10.70 billion, a PE ratio of 14.80 and a beta of 0.67. The company has a 50-day moving average price of $39.12 and a two-hundred day moving average price of $39.57. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.00 and a twelve month 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.