Strategic Investment Advisors MI Acquires Additional Shares in SPDR Portfolio Emerging Markets ETF

Strategic Investment Advisors MI has notably increased its stake in the SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM), as reported by HoldingsChannel. The investment firm bolstered its position by 17.7% during the 3rd quarter, showing a strong conviction in the future of emerging markets. The additional purchase of 3,458 shares brought Strategic Investment Advisors MI's total ownership to 22,993 shares in the ETF.

Other Investors' Moves

The firm's move is part of a larger trend among institutional investors engaging with the SPDR Portfolio Emerging Markets ETF. Various other investors have made adjustments to their holdings. Sanctuary Wealth Management L.L.C. made a new purchase worth about $28,000 in the 4th quarter, while VisionPoint Advisory Group LLC invested approximately $30,000 in the 2nd quarter. PrairieView Partners LLC increased its stake by 61.8%, bringing its total to 916 shares worth $31,000. PCA Investment Advisory Services Inc. and FinTrust Capital Advisors LLC also initiated new positions in the ETF in the recent quarters.

ETF Performance and Profile

The ETF itself has experienced slight fluctuations, recently trading down by 0.1%. It has a market capitalization of $7.46 billion, with a PE ratio of 10.59 and a beta of 0.68. SPEM's 50-day moving average is $34.47, while its 200-day moving average stands at $34.33, indicating a stable performance.

The SPDR Portfolio Emerging Markets ETF, launched on March 19, 2007, aims to track an index of market cap-weighted emerging markets companies, representing a diversified set of securities that promise growth in the developing world. State Street is the managing entity of this ETF, which follows the S&P Emerging Markets BMI index.

Investor Resources

Interested parties seeking additional information about holdings can find updated 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF via HoldingsChannel. For those looking to receive daily updates on SPEM and related investment opportunities, electronic newsletters are available providing summaries of the latest news and analysts' ratings.

investment, etf, shares