SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Balboa Wealth Partners

Balboa Wealth Partners increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.9% in the third quarter, HoldingsChannel.com reports. The firm owned 36,621 shares of the company’s stock after acquiring an additional 4,754 shares during the quarter. Balboa Wealth Partners’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,512,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lifeworks Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $1,988,000. International Private Wealth Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 120.4% during the third quarter. International Private Wealth Advisors LLC now owns 37,794 shares of the company’s stock worth $1,560,000 after buying an additional 20,643 shares during the period. Valtinson Bruner Financial Planning LLC grew its position in SPDR Portfolio Emerging Markets ETF by 8.1% during the third quarter. Valtinson Bruner Financial Planning LLC now owns 190,021 shares of the company’s stock worth $7,844,000 after buying an additional 14,291 shares during the period. Hassell Wealth Management LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 3.5% in the third quarter. Hassell Wealth Management LLC now owns 21,576 shares of the company’s stock valued at $868,000 after purchasing an additional 723 shares during the last quarter. Finally, Empower Advisory Group LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 59.2% in the third quarter. Empower Advisory Group LLC now owns 10,217 shares of the company’s stock valued at $422,000 after purchasing an additional 3,801 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $39.09 on Friday. The firm has a market cap of $9.28 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88. The firm’s 50 day moving average price is $40.30 and its 200 day moving average price is $38.75.

SPDR Portfolio Emerging Markets ETF 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.