Able Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the 1st quarter, Holdings Channel.com reports. The fund purchased 15,706 shares of the company’s stock, valued at approximately $737,000.
Several other institutional investors have also recently bought and sold shares of the stock. First Command Advisory Services Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $26,000. Safe Harbor Fiduciary LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $32,000. Front Row Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $37,000. Finally, Signaturefd LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $40,000.
SPDR Portfolio Emerging Markets ETF Trading Down 0.9%
NYSEARCA SPEM opened at $51.30 on Thursday. The stock has a 50-day simple moving average of $51.72 and a 200 day simple moving average of $49.60. The company has a market capitalization of $17.31 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 12 month low of $42.61 and a 12 month high of $53.54.
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.
See Also
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
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).
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
