Cutler Investment Counsel LLC Buys 13,104 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Cutler Investment Counsel LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 816,599 shares of the company’s stock after purchasing an additional 13,104 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 4.0% of Cutler Investment Counsel LLC’s investment portfolio, making the stock its 4th largest holding. Cutler Investment Counsel LLC owned about 0.24% of SPDR Portfolio Emerging Markets ETF worth $38,225,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPEM. BlueStem Wealth Partners LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock valued at $49,137,000 after acquiring an additional 65,492 shares during the last quarter. Midwest Capital Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 33.3% during the 4th quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock worth $19,098,000 after acquiring an additional 101,817 shares during the last quarter. Brooklyn FI LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 19.9% during the fourth quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock valued at $6,751,000 after purchasing an additional 23,983 shares during the period. McNamara Financial Services Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 1.6% in the fourth quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock valued at $40,715,000 after purchasing an additional 13,566 shares in the last quarter. Finally, Blueprint Financial Advisors LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $891,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $51.66 on Friday. The firm’s fifty day moving average is $50.86 and its two-hundred day moving average is $49.10. The firm has a market cap of $17.71 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a twelve month low of $40.83 and a twelve month high of $53.54.

SPDR Portfolio Emerging Markets ETF Profile

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.