NBT Bank N.A. Acquires 10,847 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

NBT Bank N.A. bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,847 shares of the company’s stock, valued at approximately $561,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Rodgers & Associates LTD bought a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $20,068,000. Isthmus Partners LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth about $16,291,000. State Street Corp raised its stake in SPDR Portfolio Emerging Markets ETF by 6.7% in the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after purchasing an additional 329,626 shares in the last quarter. KFG Wealth Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $16,486,000. Finally, West Wealth Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $16,400,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.0%

Shares of NYSEARCA:SPEM opened at $49.67 on Friday. The company’s 50 day moving average price is $52.13 and its two-hundred day moving average price is $51.59. The firm has a market cap of $16.52 billion, a PE ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54.

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.