Elm Partners Management LLC Boosts Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Elm Partners Management LLC increased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 134.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 680,445 shares of the company’s stock after buying an additional 389,991 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 1.7% of Elm Partners Management LLC’s holdings, making the stock its 15th largest holding. Elm Partners Management LLC owned 0.23% of SPDR Portfolio Emerging Markets ETF worth $29,082,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Vestia Personal Wealth Advisors boosted its stake in SPDR Portfolio Emerging Markets ETF by 3.1% during the 2nd quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock valued at $334,000 after purchasing an additional 236 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 1.5% during the 2nd quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock valued at $722,000 after purchasing an additional 244 shares during the last quarter. Vawter Financial Ltd. boosted its stake in SPDR Portfolio Emerging Markets ETF by 3.6% during the 1st quarter. Vawter Financial Ltd. now owns 7,412 shares of the company’s stock valued at $292,000 after purchasing an additional 255 shares during the last quarter. Focus Financial Network Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 3.8% during the 2nd quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock valued at $307,000 after purchasing an additional 263 shares during the last quarter. Finally, Fidelis Capital Partners LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. Fidelis Capital Partners LLC now owns 31,409 shares of the company’s stock valued at $1,228,000 after purchasing an additional 268 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5%

Shares of SPEM opened at $47.58 on Friday. The business’s fifty day simple moving average is $46.42 and its two-hundred day simple moving average is $43.59. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $48.56. The company has a market cap of $14.63 billion, a price-to-earnings 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.