Inman Jager Wealth Management LLC Invests $648,000 in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Inman Jager Wealth Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,886 shares of the company’s stock, valued at approximately $648,000.

A number of other large investors have also modified their holdings of SPEM. State Street Corp grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares in the last quarter. LPL Financial LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after acquiring an additional 476,292 shares during the last quarter. Tidal Investments LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $13,246,000. Assetmark Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.2% during the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after acquiring an additional 204,960 shares during the last quarter. Finally, Signal Advisors Wealth LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 3,380.5% during the 4th quarter. Signal Advisors Wealth LLC now owns 188,367 shares of the company’s stock valued at $7,228,000 after acquiring an additional 182,955 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2 %

Shares of SPEM stock opened at $39.04 on Thursday. The company’s 50-day moving average price is $38.92 and its 200-day moving average price is $39.18. The stock has a market cap of $9.27 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.30 and a twelve month 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.