Capital Planning Advisors LLC Increases Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Capital Planning Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 427.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,874 shares of the company’s stock after acquiring an additional 51,772 shares during the period. Capital Planning Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 16,856 shares of the company’s stock worth $635,000 after buying an additional 435 shares during the last quarter. Bank of Montreal Can lifted its holdings in SPDR Portfolio Emerging Markets ETF by 56.4% during the second quarter. Bank of Montreal Can now owns 9,734 shares of the company’s stock valued at $367,000 after purchasing an additional 3,510 shares in the last quarter. Daymark Wealth Partners LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $5,271,000. Magnolia Capital Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $10,530,000. Finally, NewEdge Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 13.7% in the 2nd quarter. NewEdge Advisors LLC now owns 521,821 shares of the company’s stock valued at $19,657,000 after acquiring an additional 63,019 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $38.60 on Thursday. The firm has a market capitalization of $9.16 billion, a P/E ratio of 13.05 and a beta of 0.81. The stock’s fifty day moving average is $39.03 and its two-hundred day moving average is $39.18. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.91 and a fifty-two week 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.