Waverly Advisors LLC Makes New Investment in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Waverly Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 142,557 shares of the company’s stock, valued at approximately $5,159,000. Waverly Advisors LLC owned 0.06% of SPDR Portfolio Emerging Markets ETF as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. LRI Investments LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $106,000. Axxcess Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 14.1% during the first quarter. Axxcess Wealth Management LLC now owns 513,000 shares of the company’s stock worth $18,565,000 after buying an additional 63,453 shares during the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.2% during the first quarter. EP Wealth Advisors LLC now owns 22,975 shares of the company’s stock worth $831,000 after buying an additional 714 shares during the last quarter. CreativeOne Wealth LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 22.9% during the first quarter. CreativeOne Wealth LLC now owns 77,111 shares of the company’s stock worth $2,790,000 after buying an additional 14,365 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.9% during the first quarter. Signature Estate & Investment Advisors LLC now owns 445,102 shares of the company’s stock worth $16,108,000 after buying an additional 20,921 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.3 %

Shares of SPEM stock traded down $0.12 during trading hours on Tuesday, reaching $37.40. 309,631 shares of the company’s stock were exchanged, compared to its average volume of 1,621,755. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $39.32. The stock has a market capitalization of $8.88 billion, a P/E ratio of 13.05 and a beta of 0.81. The business has a fifty day moving average price of $38.01 and a 200-day moving average price of $36.62.

SPDR Portfolio Emerging Markets ETF 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.