WCG Wealth Advisors LLC Raises Stake in SPDR Portfolio Emerging Markets ETF $SPEM

WCG Wealth Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 184.1% in the fourth quarter, Holdings Channel reports. The fund owned 990,493 shares of the company’s stock after buying an additional 641,898 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.3% of WCG Wealth Advisors LLC’s portfolio, making the stock its 16th biggest holding. WCG Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $46,366,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after acquiring an additional 589 shares during the last quarter. Front Row Advisors LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares during the last quarter. Signaturefd LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $40,000. International Assets Investment Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $40,000. Finally, Kingdom Financial Group LLC. purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $44,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.4%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $52.64 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $40.83 and a 52-week high of $53.54. The company has a 50 day moving average of $50.25 and a 200 day moving average of $48.90. The company has a market capitalization of $18.04 billion, a P/E ratio of 15.39 and a beta of 0.60.

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.