Leicht Financial Planning & Wealth Management Inc. boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 93.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 240,225 shares of the company’s stock after purchasing an additional 116,234 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 4.9% of Leicht Financial Planning & Wealth Management Inc.’s holdings, making the stock its 8th biggest position. Leicht Financial Planning & Wealth Management Inc. owned approximately 0.08% of SPDR Portfolio Emerging Markets ETF worth $10,267,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of SPEM. Knuff & Co LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth $29,000. Brooklyn Investment Group acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at $32,000. Sachetta LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 2,263.9% during the second quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after acquiring an additional 815 shares during the period. Webster Bank N. A. bought a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $40,000. Finally, Addison Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $49,000.
SPDR Portfolio Emerging Markets ETF Price Performance
NYSEARCA SPEM opened at $47.44 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $48.56. The company has a market capitalization of $14.64 billion, a P/E ratio of 15.39 and a beta of 0.56. The company’s 50 day simple moving average is $46.96 and its 200 day simple moving average is $44.13.
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.
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