Spectrum Planning & Advisory Services Inc. Makes New Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Spectrum Planning & Advisory Services Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,028 shares of the company’s stock, valued at approximately $881,000.

Other institutional investors have also recently made changes to their positions in the company. Cabot Wealth Management Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $359,000. Ritholtz Wealth Management bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $1,331,000. UNIVEST FINANCIAL Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $1,299,000. Valued Wealth Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 13.9% in the third quarter. Valued Wealth Advisors LLC now owns 18,722 shares of the company’s stock worth $969,000 after purchasing an additional 2,286 shares during the last quarter. Finally, Silver Grove Financial Group Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 933.3% in the third quarter. Silver Grove Financial Group Inc. now owns 589 shares of the company’s stock valued at $30,000 after purchasing an additional 532 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $49.83 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $45.28 and a 1 year high of $53.54. The firm has a market cap of $16.57 billion, a PE ratio of 15.39 and a beta of 0.63. The company has a 50 day simple moving average of $51.22 and a two-hundred day simple moving average of $50.71.

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.