Mascoma Wealth Management LLC Raises Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Mascoma Wealth Management LLC grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 114,689 shares of the company’s stock after buying an additional 3,523 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 1.1% of Mascoma Wealth Management LLC’s portfolio, making the stock its 19th largest holding. Mascoma Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,902,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Simplicity Wealth LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1,673.0% in the 2nd quarter. Simplicity Wealth LLC now owns 127,516 shares of the company’s stock worth $5,450,000 after buying an additional 120,324 shares in the last quarter. Private Wealth Group LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 9.3% during the 2nd quarter. Private Wealth Group LLC now owns 11,352 shares of the company’s stock worth $485,000 after purchasing an additional 970 shares during the period. Integrated Capital Management LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 5.3% during the 2nd quarter. Integrated Capital Management LLC now owns 109,429 shares of the company’s stock valued at $4,786,000 after purchasing an additional 5,544 shares during the last quarter. Financial Insights Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% during the 2nd quarter. Financial Insights Inc. now owns 154,460 shares of the company’s stock valued at $6,602,000 after purchasing an additional 1,141 shares during the last quarter. Finally, Diligent Investors LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 9.2% during the 2nd quarter. Diligent Investors LLC now owns 53,636 shares of the company’s stock valued at $2,292,000 after purchasing an additional 4,524 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.3%

Shares of NYSEARCA:SPEM opened at $47.35 on Friday. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $47.44. The firm’s 50-day moving average is $45.05 and its 200 day moving average is $42.28.

SPDR Portfolio Emerging Markets ETF Company 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.