SPDR Portfolio Emerging Markets ETF $SPEM Shares Purchased by Melone Private Wealth LLC

Melone Private Wealth LLC raised its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 176,712 shares of the company’s stock after purchasing an additional 12,335 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 3.6% of Melone Private Wealth LLC’s holdings, making the stock its 11th largest holding. Melone Private Wealth LLC owned 0.05% of SPDR Portfolio Emerging Markets ETF worth $9,147,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Isthmus Partners LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at $16,291,000. State Street Corp grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after acquiring an additional 329,626 shares during the last quarter. KFG Wealth Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $16,486,000. West Wealth Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $16,400,000. Finally, Impact Partnership Wealth LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 59.9% in the first quarter. Impact Partnership Wealth LLC now owns 785,788 shares of the company’s stock valued at $36,861,000 after purchasing an additional 294,347 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM traded down $0.66 on Friday, reaching $50.69. The company’s stock had a trading volume of 1,725,308 shares, compared to its average volume of 2,518,503. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54. The stock has a market capitalization of $16.86 billion, a P/E ratio of 15.39 and a beta of 0.61. The stock’s 50-day moving average is $52.32 and its two-hundred day moving average is $51.46.

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.