Sentinel Pension Advisors LLC Buys Shares of 244,063 SPDR Portfolio Emerging Markets ETF $SPEM

Sentinel Pension Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 244,063 shares of the company’s stock, valued at approximately $11,425,000. SPDR Portfolio Emerging Markets ETF makes up about 1.8% of Sentinel Pension Advisors LLC’s investment portfolio, making the stock its 10th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ritholtz Wealth Management increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the 3rd quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock valued at $907,000 after buying an additional 210 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the third quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock worth $1,531,000 after acquiring an additional 222 shares in the last quarter. Echo Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.4% during the third quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock worth $2,894,000 after purchasing an additional 242 shares during the period. Valley Financial Group Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the 3rd quarter. Valley Financial Group Inc. now owns 17,638 shares of the company’s stock valued at $826,000 after purchasing an additional 250 shares in the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 0.3% in the 2nd quarter. Stonehaven Wealth & Tax Solutions LLC now owns 90,575 shares of the company’s stock valued at $3,871,000 after purchasing an additional 253 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $47.15 on Thursday. The stock has a market cap of $15.75 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The business has a 50 day simple moving average of $49.04 and a 200 day simple moving average of $47.75. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $51.35.

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.