SMART Wealth LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the second quarter, Holdings Channel reports. The fund bought 84,793 shares of the company’s stock, valued at approximately $4,391,000. SPDR Portfolio Emerging Markets ETF makes up approximately 1.0% of SMART Wealth LLC’s holdings, making the stock its 29th biggest holding.
Other institutional investors have also recently made changes to their positions in the company. First Command Advisory Services Inc. bought a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $26,000. Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $27,000. Robinswood Financial LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $32,000. Safe Harbor Fiduciary LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $32,000. Finally, Front Row Advisors LLC grew its position in 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 worth $36,000 after acquiring an additional 460 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Up 0.4%
SPEM opened at $53.00 on Friday. The stock has a market cap of $17.94 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52 week low of $44.04 and a 52 week high of $53.54. The business’s fifty day simple moving average is $51.60 and its 200 day simple moving average is $50.64.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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