WealthTrak Capital Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 96,904 shares of the company’s stock, valued at approximately $3,718,000. SPDR Portfolio Emerging Markets ETF comprises 3.1% of WealthTrak Capital Management LLC’s investment portfolio, making the stock its 8th largest position.
A number of other large investors have also recently added to or reduced their stakes in SPEM. IMG Wealth Management Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $27,000. Compass Planning Associates Inc bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $28,000. Strategic Wealth Investment Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $46,000. Rialto Wealth Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $60,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $64,000.
SPDR Portfolio Emerging Markets ETF Trading Down 1.5 %
Shares of SPDR Portfolio Emerging Markets ETF stock opened at $39.45 on Friday. The stock has a market capitalization of $10.43 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 1-year low of $35.00 and a 1-year high of $42.88. The firm has a fifty day simple moving average of $39.49 and a 200-day simple moving average of $39.66.
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.
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