36,262 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,262 shares of the company’s stock, valued at approximately $1,877,000. SPDR Portfolio Emerging Markets ETF makes up 0.7% of Montz Harcus Wealth Management LLC’s holdings, making the stock its 23rd biggest position.

Other institutional investors have also recently made changes to their positions in the company. State Street Corp grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after acquiring an additional 329,626 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after acquiring an additional 237,526 shares during the period. Focus Partners Wealth raised its stake in SPDR Portfolio Emerging Markets ETF by 6.3% during the 4th quarter. Focus Partners Wealth now owns 2,209,880 shares of the company’s stock worth $103,255,000 after acquiring an additional 130,182 shares during the period. Mariner LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 7.8% during the fourth quarter. Mariner LLC now owns 1,811,376 shares of the company’s stock valued at $84,791,000 after purchasing an additional 131,079 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 16.5% during the fourth quarter. Corient Private Wealth LLC now owns 1,319,880 shares of the company’s stock valued at $61,784,000 after purchasing an additional 187,095 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $52.21 on Friday. The company has a 50 day simple moving average of $52.35 and a two-hundred day simple moving average of $51.28. The firm has a market cap of $17.62 billion, a P/E ratio of 15.39 and a beta of 0.61. 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.