64,126 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Acquired by Partners in Financial Planning

Partners in Financial Planning bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 64,126 shares of the company’s stock, valued at approximately $2,461,000. SPDR Portfolio Emerging Markets ETF comprises 0.5% of Partners in Financial Planning’s holdings, making the stock its 25th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. D.A. Davidson & CO. bought a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $245,000. FMR LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 30.5% in the 3rd quarter. FMR LLC now owns 36,369 shares of the company’s stock worth $1,501,000 after purchasing an additional 8,494 shares during the period. BNP Paribas Financial Markets bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $219,000. Atlantic Union Bankshares Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $205,000. Finally, Flow Traders U.S. LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $582,000.

SPDR Portfolio Emerging Markets ETF Trading Down 1.5 %

SPEM opened at $39.45 on Monday. The firm’s 50 day simple moving average is $39.49 and its two-hundred day simple moving average is $39.69. The company has a market capitalization of $10.43 billion, a PE ratio of 14.84 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.

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.