Trilogy Capital Inc. Acquires 171,695 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Trilogy Capital Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 29.5% in the first quarter, HoldingsChannel.com reports. The fund owned 753,640 shares of the company’s stock after buying an additional 171,695 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 1.6% of Trilogy Capital Inc.’s portfolio, making the stock its 19th biggest holding. Trilogy Capital Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $27,274,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Anchor Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $28,000. American National Bank boosted its stake in SPDR Portfolio Emerging Markets ETF by 179.0% during the fourth quarter. American National Bank now owns 809 shares of the company’s stock valued at $29,000 after buying an additional 519 shares during the last quarter. Frazier Financial Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $32,000. Tsfg LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $70,000. Finally, Fortitude Family Office LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $82,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3 %

SPDR Portfolio Emerging Markets ETF stock traded up $0.10 during midday trading on Friday, reaching $37.67. 1,943,359 shares of the stock traded hands, compared to its average volume of 1,666,769. The stock’s fifty day moving average is $37.61 and its 200-day moving average is $36.12. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $38.84. The stock has a market cap of $8.94 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.