Forbes Financial Planning Inc. Acquires 5,937 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Forbes Financial Planning Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,136 shares of the company’s stock after purchasing an additional 5,937 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 2.2% of Forbes Financial Planning Inc.’s portfolio, making the stock its 20th largest position. Forbes Financial Planning Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,019,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Optas LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.6% in the third quarter. Optas LLC now owns 121,672 shares of the company’s stock valued at $5,023,000 after acquiring an additional 3,066 shares during the period. Farther Finance Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 16.3% in the third quarter. Farther Finance Advisors LLC now owns 62,928 shares of the company’s stock valued at $2,598,000 after acquiring an additional 8,823 shares during the period. Fonville Wealth Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 14.2% in the third quarter. Fonville Wealth Management LLC now owns 109,597 shares of the company’s stock valued at $4,524,000 after acquiring an additional 13,602 shares during the period. Values Added Financial LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.0% in the third quarter. Values Added Financial LLC now owns 170,717 shares of the company’s stock valued at $7,047,000 after acquiring an additional 9,715 shares during the period. Finally, Valued Wealth Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 14.7% in the third quarter. Valued Wealth Advisors LLC now owns 19,104 shares of the company’s stock valued at $789,000 after acquiring an additional 2,455 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.1 %

Shares of SPEM opened at $40.25 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.99 and a twelve month high of $42.88. The company has a market cap of $9.56 billion, a P/E ratio of 13.05 and a beta of 0.81. The company’s fifty day simple moving average is $39.98 and its 200-day simple moving average is $38.50.

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.