Belpointe Asset Management LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 141.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,006 shares of the company’s stock after buying an additional 29,305 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,969,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of SPEM. Knuff & Co LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $29,000. Brooklyn Investment Group acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $32,000. Wayfinding Financial LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $36,000. Tsfg LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 267.4% during the first quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after buying an additional 722 shares in the last quarter. Finally, Elite Financial Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $45,000.
SPDR Portfolio Emerging Markets ETF Stock Up 0.4%
Shares of SPDR Portfolio Emerging Markets ETF stock opened at $45.57 on Thursday. The company has a market capitalization of $13.26 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $45.69. The firm’s 50-day moving average price is $43.91 and its two-hundred day moving average price is $41.44.
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.
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