Hibernia Wealth Partners LLC Takes Position in SPDR Portfolio Emerging Markets ETF $SPEM

Hibernia Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,245 shares of the company’s stock, valued at approximately $621,000.

Several other institutional investors have also recently added to or reduced their stakes in SPEM. Castleview Partners LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 19.6% during the 1st quarter. Castleview Partners LLC now owns 6,809 shares of the company’s stock worth $319,000 after purchasing an additional 1,116 shares during the last quarter. Diversify Wealth Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 266.4% during the first quarter. Diversify Wealth Management LLC now owns 58,227 shares of the company’s stock valued at $2,939,000 after buying an additional 42,335 shares during the period. Towercrest Capital Management grew its stake in SPDR Portfolio Emerging Markets ETF by 1.8% in the 1st quarter. Towercrest Capital Management now owns 116,631 shares of the company’s stock worth $5,471,000 after acquiring an additional 2,042 shares during the period. Carnegie Investment Counsel lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 23.8% during the 1st quarter. Carnegie Investment Counsel now owns 16,542 shares of the company’s stock worth $776,000 after purchasing an additional 3,182 shares during the period. Finally, UNIVEST FINANCIAL Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 28.9% during the first quarter. UNIVEST FINANCIAL Corp now owns 24,364 shares of the company’s stock worth $1,143,000 after purchasing an additional 5,467 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $51.97 on Monday. The company has a market cap of $17.54 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52 week low of $42.66 and a 52 week high of $53.54. The business has a fifty day simple moving average of $51.82 and a 200-day simple moving average of $49.84.

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.