SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) is Marathon Strategic Advisors LLC’s 3rd Largest Position

Marathon Strategic Advisors LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 228,353 shares of the company’s stock after purchasing an additional 8,377 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 9.5% of Marathon Strategic Advisors LLC’s holdings, making the stock its 3rd biggest holding. Marathon Strategic Advisors LLC owned approximately 0.10% of SPDR Portfolio Emerging Markets ETF worth $8,762,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $39,000. Hershey Financial Advisers LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth $49,000. McClarren Financial Advisors Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares during the period. Fortitude Family Office LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $121,000. Finally, Abound Wealth Management increased its stake in SPDR Portfolio Emerging Markets ETF by 420.2% in the 4th quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock worth $131,000 after buying an additional 2,761 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $38.60 on Thursday. The firm has a market capitalization of $9.16 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.91 and a 1-year high of $42.88. The company has a 50-day moving average of $39.03 and a 200 day moving average of $39.18.

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.