Rodgers & Associates LTD Buys 387,712 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Rodgers & Associates LTD bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, Holdings Channel.com reports. The firm bought 387,712 shares of the company’s stock, valued at approximately $20,068,000. SPDR Portfolio Emerging Markets ETF accounts for 1.9% of Rodgers & Associates LTD’s investment portfolio, making the stock its 20th largest holding.

Other large investors have also modified their holdings of the company. Quantinno Capital Management LP increased its position in shares of SPDR Portfolio Emerging Markets ETF by 25.5% during the first quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock worth $3,745,000 after acquiring an additional 16,232 shares during the period. Gateway Wealth Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 107.2% in the first quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock valued at $7,671,000 after acquiring an additional 84,601 shares in the last quarter. Isthmus Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at $16,291,000. Capital Asset Advisory Services LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 7.4% in the first quarter. Capital Asset Advisory Services LLC now owns 666,463 shares of the company’s stock valued at $34,056,000 after purchasing an additional 46,113 shares during the period. Finally, IFP Advisors Inc boosted its holdings in SPDR Portfolio Emerging Markets ETF by 18.2% in the second quarter. IFP Advisors Inc now owns 164,298 shares of the company’s stock valued at $8,507,000 after purchasing an additional 25,284 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5%

NYSEARCA:SPEM opened at $50.91 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54. The firm has a market cap of $16.93 billion, a PE ratio of 15.39 and a beta of 0.61. The stock has a fifty day moving average price of $52.26 and a 200 day moving average price of $51.56.

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.