SPDR Portfolio Emerging Markets ETF $SPEM Shares Acquired by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC increased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 18.2% in the first quarter, HoldingsChannel.com reports. The firm owned 204,658 shares of the company’s stock after acquiring an additional 31,533 shares during the quarter. Signal Advisors Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $9,601,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. First Command Advisory Services Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $26,000. Safe Harbor Fiduciary LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $32,000. Front Row Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the period. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $37,000. Finally, Signaturefd LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $53.13 on Tuesday. The firm has a market capitalization of $18.21 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The business’s 50 day simple moving average is $51.59 and its 200-day simple moving average is $49.39. SPDR Portfolio Emerging Markets ETF has a 12 month low of $40.83 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.