Creative Financial Designs Inc. ADV Grows Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Creative Financial Designs Inc. ADV raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 117,081 shares of the company’s stock after purchasing an additional 8,406 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,492,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SPEM. Obsidian Personal Planning Solutions LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 17.5% in the third quarter. Obsidian Personal Planning Solutions LLC now owns 134,034 shares of the company’s stock valued at $5,390,000 after acquiring an additional 19,969 shares during the period. Westfuller Advisors LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $1,531,000. BIP Wealth LLC increased its position in SPDR Portfolio Emerging Markets ETF by 6.9% during the 3rd quarter. BIP Wealth LLC now owns 98,847 shares of the company’s stock valued at $4,080,000 after purchasing an additional 6,400 shares during the period. Wrapmanager Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 20.2% in the 3rd quarter. Wrapmanager Inc. now owns 194,914 shares of the company’s stock worth $8,046,000 after purchasing an additional 32,755 shares in the last quarter. Finally, Spectrum Planning & Advisory Services Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 18.7% in the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 16,305 shares of the company’s stock worth $673,000 after purchasing an additional 2,573 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 1.9 %

Shares of SPEM opened at $40.08 on Monday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $35.00 and a 1-year high of $42.88. The firm’s 50-day moving average price is $39.04 and its 200-day moving average price is $39.54. The firm has a market capitalization of $10.60 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67.

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.