Trinity Wealth Management LLC Purchases 925 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Trinity Wealth Management LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,609 shares of the company’s stock after purchasing an additional 925 shares during the period. Trinity Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $791,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SPEM. Bank of Montreal Can raised its stake in SPDR Portfolio Emerging Markets ETF by 56.4% in the second quarter. Bank of Montreal Can now owns 9,734 shares of the company’s stock valued at $367,000 after buying an additional 3,510 shares during the period. B. Riley Wealth Advisors Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 20.0% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 10,480 shares of the company’s stock valued at $395,000 after acquiring an additional 1,748 shares during the period. Truist Financial Corp lifted its holdings in SPDR Portfolio Emerging Markets ETF by 42.9% during the 2nd quarter. Truist Financial Corp now owns 43,603 shares of the company’s stock valued at $1,643,000 after purchasing an additional 13,084 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $7,329,000. Finally, Park Avenue Securities LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 10.2% during the third quarter. Park Avenue Securities LLC now owns 636,597 shares of the company’s stock worth $26,272,000 after purchasing an additional 58,800 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $38.73 on Friday. The company’s 50-day moving average is $38.94 and its 200-day moving average is $39.17. The firm has a market capitalization of $9.19 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.94 and a fifty-two week high of $42.88.

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.