Raleigh Capital Management Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund bought 135,030 shares of the company’s stock, valued at approximately $6,989,000. SPDR Portfolio Emerging Markets ETF accounts for 2.2% of Raleigh Capital Management Inc.’s holdings, making the stock its 7th largest holding.
A number of other large investors have also modified their holdings of the business. Outlook Wealth Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $1,488,000. Founders Financial Securities LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $4,501,000. Blueprint Investment Partners LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $5,744,000. ERn Financial LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $13,816,000. Finally, United Asset Strategies Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. United Asset Strategies Inc. now owns 25,280 shares of the company’s stock worth $1,309,000 after purchasing an additional 277 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA SPEM opened at $48.47 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The firm has a market capitalization of $16.12 billion, a P/E ratio of 15.39 and a beta of 0.61. The company’s fifty day moving average is $51.83 and its two-hundred day moving average is $50.72.
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.
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