231,478 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 231,478 shares of the company’s stock, valued at approximately $11,981,000. SPDR Portfolio Emerging Markets ETF accounts for about 0.8% of Moss Adams Wealth Advisors LLC’s holdings, making the stock its 17th biggest holding. Moss Adams Wealth Advisors LLC owned about 0.07% of SPDR Portfolio Emerging Markets ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Kelman Lazarov Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock worth $294,000 after buying an additional 203 shares during the last quarter. Paces Ferry Wealth Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 4.1% during the first quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock worth $247,000 after acquiring an additional 206 shares during the last quarter. Kraft Davis & Associates LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 1.7% in the second quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock valued at $634,000 after purchasing an additional 207 shares during the last quarter. United Asset Strategies Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock valued at $1,164,000 after acquiring an additional 215 shares during the last quarter. Finally, D.A. Davidson & CO. increased its position in SPDR Portfolio Emerging Markets ETF by 4.7% during the first quarter. D.A. Davidson & CO. now owns 5,175 shares of the company’s stock worth $243,000 after purchasing an additional 234 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.9%

Shares of SPEM opened at $48.47 on Friday. The stock’s fifty day simple moving average is $51.83 and its 200 day simple moving average is $50.72. The firm has a market capitalization of $16.12 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve 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.