SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Acquired by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 22,615 shares of the company’s stock, valued at approximately $1,171,000.

A number of other institutional investors also recently added to or reduced their stakes in SPEM. Elwood & Goetz Wealth Advisory Group LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $3,195,000. Ervin Investment Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the third quarter worth $4,938,000. Parallel Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $4,260,000. Quantinno Capital Management LP lifted its holdings in SPDR Portfolio Emerging Markets ETF by 25.5% in the first quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock valued at $3,745,000 after acquiring an additional 16,232 shares during the period. Finally, Leicht Financial Planning & Wealth Management Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $12,148,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.4%

NYSEARCA:SPEM opened at $49.15 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54. The stock has a market cap of $16.35 billion, a PE ratio of 14.73 and a beta of 0.63. The firm’s fifty day simple moving average is $51.15 and its 200-day simple moving average is $50.71.

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.