Trek Financial LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 10,784 shares of the company’s stock, valued at approximately $558,000.
Several other institutional investors also recently bought and sold shares of the company. Security Financial Services INC. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $235,000. Woodmont Investment Counsel LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.8% in the third quarter. Woodmont Investment Counsel LLC now owns 469,612 shares of the company’s stock worth $24,307,000 after acquiring an additional 17,338 shares in the last quarter. Virtue Capital Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $486,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $105,000. Finally, Bell Investment Advisors Inc purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $57,000.
SPDR Portfolio Emerging Markets ETF Trading Down 0.7%
SPDR Portfolio Emerging Markets ETF stock opened at $48.28 on Wednesday. The firm has a market capitalization of $16.06 billion, a P/E ratio of 15.39 and a beta of 0.63. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54. The stock’s fifty day simple moving average is $51.68 and its 200-day simple moving average is $50.71.
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.
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