US Bancorp DE Raises Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

US Bancorp DE raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,542 shares of the company’s stock after purchasing an additional 407 shares during the quarter. US Bancorp DE’s holdings in SPDR Portfolio Emerging Markets ETF were worth $366,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SPEM. Compass Planning Associates Inc purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $39,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $46,000. Blue Trust Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares during the last quarter. Finally, McClarren Financial Advisors Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock valued at $110,000 after acquiring an additional 316 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.4 %

Shares of SPEM opened at $39.35 on Friday. The company has a market capitalization of $10.40 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. The stock has a 50 day moving average of $39.00 and a 200 day moving average of $39.52. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88.

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.