Woodmont Investment Counsel LLC Has $12.98 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Woodmont Investment Counsel LLC increased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 338,374 shares of the company’s stock after purchasing an additional 5,061 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 1.0% of Woodmont Investment Counsel LLC’s investment portfolio, making the stock its 24th largest holding. Woodmont Investment Counsel LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $12,983,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. PNC Financial Services Group Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 42.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 121,355 shares of the company’s stock worth $5,010,000 after purchasing an additional 35,928 shares during the last quarter. Nwam LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $849,000. Nicolet Advisory Services LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 19.2% during the third quarter. Nicolet Advisory Services LLC now owns 8,074 shares of the company’s stock worth $338,000 after buying an additional 1,303 shares during the last quarter. Certified Advisory Corp lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 9.7% during the third quarter. Certified Advisory Corp now owns 13,495 shares of the company’s stock worth $557,000 after buying an additional 1,191 shares during the last quarter. Finally, Great Valley Advisor Group Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 13.6% during the third quarter. Great Valley Advisor Group Inc. now owns 152,730 shares of the company’s stock worth $6,305,000 after buying an additional 18,332 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.4 %

Shares of SPEM stock opened at $40.03 on Monday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88. The firm has a market cap of $10.58 billion, a PE ratio of 14.80 and a beta of 0.67. The stock has a 50 day moving average of $39.27 and a 200-day moving average of $39.61.

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.