10,162 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,162 shares of the company’s stock, valued at approximately $526,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ascentis Independent Advisors acquired a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $27,000. Silver Grove Financial Group Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 933.3% during the 3rd quarter. Silver Grove Financial Group Inc. now owns 589 shares of the company’s stock worth $30,000 after purchasing an additional 532 shares during the period. Align Financial LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $32,000. Independence Bank of Kentucky acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $35,000. Finally, Robinswood Financial LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $32,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $49.83 on Thursday. The firm has a market cap of $16.57 billion, a price-to-earnings ratio of 15.39 and a beta of 0.63. The company has a 50 day moving average price of $51.22 and a 200-day moving average price of $50.71. SPDR Portfolio Emerging Markets ETF has a 1-year low of $45.28 and a 1-year high of $53.54.

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.