Boston Standard Wealth Management LLC Buys 1,880 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Boston Standard Wealth Management LLC increased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,387 shares of the company’s stock after buying an additional 1,880 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 0.6% of Boston Standard Wealth Management LLC’s portfolio, making the stock its 17th largest position. Boston Standard Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of SPEM. Knuff & Co LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $29,000. Brooklyn Investment Group bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $32,000. Wayfinding Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $36,000. Tsfg LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 267.4% during the first quarter. Tsfg LLC now owns 992 shares of the company’s stock valued at $39,000 after purchasing an additional 722 shares in the last quarter. Finally, Elite Financial Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $45,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $46.03 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $46.12. The company has a 50 day simple moving average of $44.03 and a two-hundred day simple moving average of $41.53. The company has a market capitalization of $13.39 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68.

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.