Tyche Wealth Partners LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 66.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,095 shares of the company’s stock after acquiring an additional 20,749 shares during the quarter. Tyche Wealth Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,439,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPEM. Hantz Financial Services Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 2,031.0% during the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after acquiring an additional 589 shares during the last quarter. First Horizon Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth $29,000. Front Row Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares during the last quarter. Stone House Investment Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth $40,000. Finally, Signaturefd LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $40,000.
SPDR Portfolio Emerging Markets ETF Trading Up 1.0%
SPEM stock traded up $0.52 during midday trading on Tuesday, hitting $50.21. 90,041 shares of the company’s stock were exchanged, compared to its average volume of 3,542,544. The business has a 50-day simple moving average of $48.52 and a two-hundred day simple moving average of $47.85. The stock has a market capitalization of $17.21 billion, a PE ratio of 15.39 and a beta of 0.57. SPDR Portfolio Emerging Markets ETF has a 1-year low of $37.26 and a 1-year high of $51.35.
About SPDR Portfolio Emerging Markets ETF
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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