BIP Wealth LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 10.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 103,441 shares of the company’s stock after acquiring an additional 10,035 shares during the quarter. BIP Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,663,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Anchor Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $28,000. Carmichael Hill & Associates Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $32,000. FinTrust Capital Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $36,000. NBC Securities Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $50,000. Finally, Tsfg LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $70,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
NYSEARCA SPEM traded up $0.05 on Wednesday, reaching $36.04. The company’s stock had a trading volume of 3,799,046 shares, compared to its average volume of 1,933,263. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.06 and a twelve month high of $37.06. The stock has a market cap of $8.56 billion, a PE ratio of 12.11 and a beta of 0.78. The firm’s 50 day moving average is $35.95 and its two-hundred day moving average is $34.86.
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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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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