Summit Trail Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 10,566 shares of the company’s stock, valued at approximately $436,000.
Other institutional investors have also recently modified their holdings of the company. Rothschild Investment LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $27,000. Lynx Investment Advisory acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $35,000. Archer Investment Corp acquired a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at $39,000. Hershey Financial Advisers LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $49,000. Finally, Strategic Financial Concepts LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after acquiring an additional 128,861 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of SPEM opened at $39.12 on Wednesday. The stock has a fifty day moving average of $40.52 and a two-hundred day moving average of $38.89. The company has a market capitalization of $9.29 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88.
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.
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