Optimist Retirement Group LLC Grows Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Optimist Retirement Group LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 145,328 shares of the company’s stock after purchasing an additional 619 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 2.9% of Optimist Retirement Group LLC’s holdings, making the stock its 7th biggest holding. Optimist Retirement Group LLC owned about 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,474,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. CFS Investment Advisory Services LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. CFS Investment Advisory Services LLC now owns 103,296 shares of the company’s stock valued at $3,658,000 after purchasing an additional 4,447 shares in the last quarter. Valley Financial Group Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $4,849,000. Clear Rock Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $503,000. BayBridge Capital Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $2,104,000. Finally, Creative Planning increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.0% in the 4th quarter. Creative Planning now owns 25,451,348 shares of the company’s stock worth $901,232,000 after acquiring an additional 504,808 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $38.40 on Thursday. The firm has a market capitalization of $9.12 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $39.32. The company’s 50-day simple moving average is $38.02 and its 200 day simple moving average is $37.42.

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.