USAdvisors Wealth Management LLC Buys New Stake in SPDR Portfolio Emerging Markets ETF $SPEM

USAdvisors Wealth Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 17,935 shares of the company’s stock, valued at approximately $928,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Quantinno Capital Management LP raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 25.5% during the first quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock valued at $3,745,000 after purchasing an additional 16,232 shares in the last quarter. Gateway Wealth Partners LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 107.2% in the first quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock worth $7,671,000 after purchasing an additional 84,601 shares during the period. Isthmus Partners LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $16,291,000. IFP Advisors Inc grew its position in SPDR Portfolio Emerging Markets ETF by 18.2% in the 2nd quarter. IFP Advisors Inc now owns 164,298 shares of the company’s stock valued at $8,507,000 after buying an additional 25,284 shares in the last quarter. Finally, Capital Asset Advisory Services LLC grew its position in SPDR Portfolio Emerging Markets ETF by 7.4% in the 1st quarter. Capital Asset Advisory Services LLC now owns 666,463 shares of the company’s stock valued at $34,056,000 after buying an additional 46,113 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.1%

SPDR Portfolio Emerging Markets ETF stock opened at $50.85 on Thursday. The stock has a market cap of $16.91 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The company’s 50-day moving average price is $52.23 and its two-hundred day moving average price is $51.58. SPDR Portfolio Emerging Markets ETF has a 52 week low of $45.28 and a 52 week high of $53.54.

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.