SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Independent Wealth Network Inc.

Independent Wealth Network Inc. increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 56.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,538 shares of the company’s stock after buying an additional 4,889 shares during the quarter. Independent Wealth Network Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $465,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Vicus Capital raised its position in shares of SPDR Portfolio Emerging Markets ETF by 8.4% during the first quarter. Vicus Capital now owns 12,340 shares of the company’s stock worth $421,000 after purchasing an additional 957 shares during the period. Tcwp LLC raised its position in SPDR Portfolio Emerging Markets ETF by 4.7% during the fourth quarter. Tcwp LLC now owns 15,448 shares of the company’s stock valued at $509,000 after buying an additional 693 shares during the period. HBW Advisory Services LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.7% during the first quarter. HBW Advisory Services LLC now owns 55,479 shares of the company’s stock valued at $1,894,000 after buying an additional 953 shares during the period. Gerber Kawasaki Wealth & Investment Management raised its position in SPDR Portfolio Emerging Markets ETF by 27.0% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 34,527 shares of the company’s stock valued at $1,178,000 after buying an additional 7,336 shares during the period. Finally, Wealth Alliance Advisory Group LLC raised its position in SPDR Portfolio Emerging Markets ETF by 0.3% during the first quarter. Wealth Alliance Advisory Group LLC now owns 183,257 shares of the company’s stock valued at $6,255,000 after buying an additional 539 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5 %

SPEM stock traded down $0.18 during mid-day trading on Tuesday, hitting $34.08. The stock had a trading volume of 335,443 shares, compared to its average volume of 1,690,586. SPDR Portfolio Emerging Markets ETF has a 1-year low of $29.80 and a 1-year high of $36.44. The company has a fifty day moving average of $34.75 and a 200 day moving average of $34.29. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of 10.59 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.