Cassaday & Co Wealth Management LLC Acquires 996,366 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Cassaday & Co Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 686.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,141,575 shares of the company’s stock after acquiring an additional 996,366 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 1.2% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 14th biggest holding. Cassaday & Co Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $48,791,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Magnolia Capital Advisors LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.8% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 24,665 shares of the company’s stock worth $1,054,000 after acquiring an additional 904 shares during the period. Prosperity Consulting Group LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 329.4% in the 2nd quarter. Prosperity Consulting Group LLC now owns 33,825 shares of the company’s stock valued at $1,446,000 after acquiring an additional 25,948 shares in the last quarter. Compton Financial Group LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 101.2% in the 2nd quarter. Compton Financial Group LLC now owns 359,245 shares of the company’s stock valued at $15,354,000 after acquiring an additional 180,674 shares in the last quarter. Sigma Planning Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 23.7% in the 2nd quarter. Sigma Planning Corp now owns 10,511 shares of the company’s stock valued at $449,000 after acquiring an additional 2,012 shares in the last quarter. Finally, Elm Partners Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 134.3% in the 2nd quarter. Elm Partners Management LLC now owns 680,445 shares of the company’s stock valued at $29,082,000 after acquiring an additional 389,991 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.2%

NYSEARCA SPEM opened at $47.67 on Tuesday. The business’s 50-day moving average price is $46.48 and its two-hundred day moving average price is $43.70. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $48.56. The firm has a market capitalization of $14.72 billion, a PE ratio of 15.39 and a beta of 0.56.

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.