Towercrest Capital Management Has $5.53 Million Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Towercrest Capital Management grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 144,067 shares of the company’s stock after purchasing an additional 1,860 shares during the period. Towercrest Capital Management owned about 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,528,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. IMG Wealth Management Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $27,000. Compass Planning Associates Inc bought a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $28,000. Strategic Wealth Investment Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $46,000. Rialto Wealth Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $60,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $64,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $40.03 on Monday. The company has a market capitalization of $10.58 billion, a P/E ratio of 14.80 and a beta of 0.67. The business has a 50 day moving average of $39.27 and a 200-day moving average of $39.61. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year 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.