ERn Financial LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the third quarter, HoldingsChannel reports. The firm acquired 266,919 shares of the company’s stock, valued at approximately $13,816,000. SPDR Portfolio Emerging Markets ETF accounts for approximately 2.3% of ERn Financial LLC’s holdings, making the stock its 9th biggest holding.
Other large investors have also recently made changes to their positions in the company. United Asset Strategies Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. United Asset Strategies Inc. now owns 25,280 shares of the company’s stock valued at $1,309,000 after buying an additional 277 shares in the last quarter. Choreo LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $3,876,000. Life Planning Partners Inc purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $495,000. Elwood & Goetz Wealth Advisory Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $3,195,000. Finally, Values Added Financial LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.8% during the 3rd quarter. Values Added Financial LLC now owns 197,544 shares of the company’s stock worth $10,225,000 after acquiring an additional 7,146 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
NYSEARCA SPEM opened at $49.42 on Friday. The company has a market capitalization of $16.44 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The stock has a 50 day moving average price of $51.90 and a 200-day moving average price of $50.72.
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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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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