SPDR Portfolio Emerging Markets ETF $SPEM Shares Purchased by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 428,795 shares of the company’s stock after acquiring an additional 18,394 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.3% of Woodmont Investment Counsel LLC’s holdings, making the stock its 19th biggest position. Woodmont Investment Counsel LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $20,072,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SPEM. Hantz Financial Services Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after buying an additional 589 shares in the last quarter. First Horizon Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at $29,000. Front Row Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after buying an additional 460 shares in the last quarter. Stone House Investment Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at $40,000. Finally, Signaturefd LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $40,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $49.07 on Thursday. The stock has a market capitalization of $16.82 billion, a P/E ratio of 15.39 and a beta of 0.57. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.62 and a 1 year high of $51.35. The business’s fifty day moving average is $48.54 and its two-hundred day moving average is $47.79.

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.