Fort Point Capital Partners LLC Has $11.26 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Fort Point Capital Partners LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 240,605 shares of the company’s stock after purchasing an additional 13,202 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 1.3% of Fort Point Capital Partners LLC’s holdings, making the stock its 20th biggest holding. Fort Point Capital Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $11,263,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after purchasing an additional 589 shares in the last quarter. First Horizon Corp bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $29,000. Stone House Investment Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $40,000. Blue Trust Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 539.1% during the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after buying an additional 1,035 shares during the period. Finally, WFA of San Diego LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth approximately $58,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $46.95 on Monday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $51.35. The stock has a 50 day moving average price of $49.28 and a two-hundred day moving average price of $47.63. The stock has a market capitalization of $15.68 billion, a PE ratio of 15.39 and a beta of 0.56.

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.