SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,643 shares of the company’s stock after purchasing an additional 2,667 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.4% of Montz Harcus Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position. Montz Harcus Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $813,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SPEM. Tallon Kerry Patrick acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $491,000. Brighton Jones LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $289,000. Strategic Financial Concepts LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $855,000. Truist Financial Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 3.4% in the 4th quarter. Truist Financial Corp now owns 46,300 shares of the company’s stock valued at $1,777,000 after acquiring an additional 1,520 shares during the last quarter. Finally, Cornerstone Advisors Asset Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 30.6% in the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 41,477 shares of the company’s stock valued at $1,591,000 after acquiring an additional 9,707 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2%

SPEM stock opened at $41.85 on Thursday. The company has a market cap of $11.78 billion, a price-to-earnings ratio of 14.73 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $42.88. The firm has a 50-day moving average of $40.49 and a two-hundred day moving average of $39.55.

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.