Foundation Wealth Management LLC PA Purchases Shares of 13,301 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Foundation Wealth Management LLC PA acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,301 shares of the company’s stock, valued at approximately $510,000.

Other institutional investors also recently modified their holdings of the company. Financial Engines Advisors L.L.C. grew its stake in SPDR Portfolio Emerging Markets ETF by 1.1% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 18,659,764 shares of the company’s stock worth $715,975,000 after buying an additional 205,590 shares in the last quarter. UNIVEST FINANCIAL Corp grew its position in SPDR Portfolio Emerging Markets ETF by 3.7% in the fourth quarter. UNIVEST FINANCIAL Corp now owns 18,958 shares of the company’s stock worth $727,000 after acquiring an additional 669 shares in the last quarter. Potentia Wealth purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $365,000. TIAA Trust National Association increased its stake in SPDR Portfolio Emerging Markets ETF by 9.2% in the fourth quarter. TIAA Trust National Association now owns 5,813,700 shares of the company’s stock valued at $223,072,000 after acquiring an additional 487,824 shares during the last quarter. Finally, Modern Wealth Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 23.8% during the fourth quarter. Modern Wealth Management LLC now owns 7,034 shares of the company’s stock worth $279,000 after purchasing an additional 1,352 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $39.87 on Thursday. The firm has a market capitalization of $10.54 billion, a PE ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88. The business’s 50-day moving average price is $39.42 and its 200-day moving average price is $39.65.

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.