One Wealth Capital Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,044 shares of the company’s stock, valued at approximately $347,000.
Several other institutional investors have also added to or reduced their stakes in the business. Archer Investment Corp bought a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $39,000. Hershey Financial Advisers LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $49,000. Strategic Financial Concepts LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 649.3% during the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after acquiring an additional 128,861 shares during the last quarter. McClarren Financial Advisors Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after purchasing an additional 2,193 shares during the period. Finally, JGP Wealth Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $204,000.
SPDR Portfolio Emerging Markets ETF Price Performance
NYSEARCA:SPEM traded down $0.23 during mid-day trading on Tuesday, reaching $38.25. 1,124,013 shares of the company’s stock traded hands, compared to its average volume of 2,046,414. The company has a 50 day moving average price of $39.59 and a 200-day moving average price of $39.18. The firm has a market capitalization of $9.08 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.52 and a 12-month high of $42.88.
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.
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