Montz Harcus Wealth Management LLC Raises Position in SPDR Portfolio Emerging Markets ETF $SPEM

Montz Harcus Wealth Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 22,115 shares of the company’s stock after purchasing an additional 1,472 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 0.5% of Montz Harcus Wealth Management LLC’s portfolio, making the stock its 27th biggest position. Montz Harcus Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $945,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vestia Personal Wealth Advisors lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the 2nd quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock valued at $334,000 after purchasing an additional 236 shares during the last quarter. Vawter Financial Ltd. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 3.6% in the 1st quarter. Vawter Financial Ltd. now owns 7,412 shares of the company’s stock valued at $292,000 after acquiring an additional 255 shares during the period. Focus Financial Network Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 3.8% in the 2nd quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock valued at $307,000 after acquiring an additional 263 shares during the period. Fidelis Capital Partners LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. Fidelis Capital Partners LLC now owns 31,409 shares of the company’s stock valued at $1,228,000 after acquiring an additional 268 shares during the period. Finally, Cary Street Partners Investment Advisory LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 2.4% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 12,075 shares of the company’s stock valued at $475,000 after acquiring an additional 282 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $47.35 on Friday. The stock’s fifty day moving average price is $45.05 and its 200 day moving average price is $42.27. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.44. The company has a market cap of $14.56 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68.

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.