Melone Private Wealth LLC Acquires 27,032 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Melone Private Wealth LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 18.4% during the 4th quarter, Holdings Channel reports. The fund owned 173,924 shares of the company’s stock after acquiring an additional 27,032 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 3.5% of Melone Private Wealth LLC’s investment portfolio, making the stock its 10th largest position. Melone Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,141,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Hantz Financial Services Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after purchasing an additional 589 shares in the last quarter. First Horizon Corp acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $29,000. Front Row Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after buying an additional 460 shares in the last quarter. Stone House Investment Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $40,000. Finally, Blue Trust Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 539.1% during the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after buying an additional 1,035 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 2.7%

Shares of NYSEARCA:SPEM opened at $45.64 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $51.35. The stock’s 50 day moving average is $49.17 and its 200-day moving average is $47.68. The firm has a market capitalization of $15.24 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56.

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.