AllGen Financial Advisors Inc. Acquires New Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

AllGen Financial Advisors Inc. bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 80,051 shares of the company’s stock, valued at approximately $2,835,000. SPDR Portfolio Emerging Markets ETF comprises about 1.5% of AllGen Financial Advisors Inc.’s investment portfolio, making the stock its 17th largest position.

Several other large investors also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 15,625 shares of the company’s stock worth $553,000 after acquiring an additional 301 shares in the last quarter. Lincoln National Corp boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.6% in the 3rd quarter. Lincoln National Corp now owns 8,838 shares of the company’s stock valued at $297,000 after purchasing an additional 310 shares during the period. Vantage Investment Partners LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 4.3% in the 4th quarter. Vantage Investment Partners LLC now owns 7,550 shares of the company’s stock worth $267,000 after purchasing an additional 310 shares in the last quarter. Eudaimonia Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 2.1% during the 4th quarter. Eudaimonia Advisors LLC now owns 16,180 shares of the company’s stock worth $573,000 after buying an additional 329 shares during the period. Finally, Valley National Advisers Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 15.5% during the fourth quarter. Valley National Advisers Inc. now owns 2,512 shares of the company’s stock valued at $88,000 after buying an additional 338 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.7 %

Shares of SPEM traded up $0.27 during midday trading on Friday, hitting $37.63. The stock had a trading volume of 1,070,684 shares, compared to its average volume of 1,883,514. The business has a 50-day simple moving average of $36.14 and a two-hundred day simple moving average of $35.03. The firm has a market cap of $8.93 billion, a P/E ratio of 12.30 and a beta of 0.79. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $37.65.

SPDR Portfolio Emerging Markets ETF Company 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.