SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stock Holdings Raised by Opes Wealth Management LLC

Opes Wealth Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 242,876 shares of the company’s stock after acquiring an additional 8,511 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 2.1% of Opes Wealth Management LLC’s holdings, making the stock its 10th biggest holding. Opes Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,600,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Anchor Investment Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $28,000. Sanctuary Wealth Management L.L.C. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $28,000. Carmichael Hill & Associates Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $32,000. PCA Investment Advisory Services Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $32,000. Finally, FinTrust Capital Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $36,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM traded up $0.11 during trading on Thursday, reaching $35.49. The stock had a trading volume of 1,114,541 shares, compared to its average volume of 1,925,041. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $37.06. The stock has a market cap of $8.43 billion, a PE ratio of 12.11 and a beta of 0.78. The firm’s 50 day moving average price is $35.86 and its two-hundred day moving average price is $34.77.

SPDR Portfolio Emerging Markets ETF 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.