62,576 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Bought by Salomon & Ludwin LLC

Salomon & Ludwin LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 62,576 shares of the company’s stock, valued at approximately $3,239,000.

A number of other large investors also recently modified their holdings of SPEM. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $27,000. Align Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at $32,000. Independence Bank of Kentucky purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at $35,000. Robinswood Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at $32,000. Finally, Bell Investment Advisors Inc acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $57,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $48.47 on Monday. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The business has a 50-day moving average price of $51.83 and a two-hundred day moving average price of $50.72. The firm has a market capitalization of $16.12 billion, a PE ratio of 15.39 and a beta of 0.61.

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.