34,307 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Sherman Wealth Management LLC

Sherman Wealth Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 34,307 shares of the company’s stock, valued at approximately $1,606,000. SPDR Portfolio Emerging Markets ETF comprises approximately 1.6% of Sherman Wealth Management LLC’s portfolio, making the stock its 16th biggest holding.

A number of other large investors have also recently modified their holdings of the business. Brighton Jones LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $289,000. AQR Capital Management LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after purchasing an additional 13,972 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after buying an additional 6,463 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 32.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 993,049 shares of the company’s stock worth $42,443,000 after buying an additional 243,577 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 30,178 shares of the company’s stock worth $1,290,000 after buying an additional 2,409 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $45.57 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $51.35. The stock has a market cap of $15.22 billion, a P/E ratio of 15.39 and a beta of 0.56. The firm’s fifty day moving average price is $48.92 and its 200-day moving average price is $47.74.

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.