Resonant Capital Advisors LLC Buys 2,341 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Resonant Capital Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,162 shares of the company’s stock after purchasing an additional 2,341 shares during the period. Resonant Capital Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,882,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Anchor Investment Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $28,000. Sanctuary Wealth Management L.L.C. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $28,000. PCA Investment Advisory Services Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $32,000. Carmichael Hill & Associates Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $32,000. Finally, BNP Paribas Arbitrage SNC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at $36,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $35.36 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $37.06. The firm has a fifty day moving average price of $35.89 and a 200-day moving average price of $34.79. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 12.11 and a beta of 0.78.

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.