Detalus Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 177,695 shares of the company’s stock, valued at approximately $9,197,000. SPDR Portfolio Emerging Markets ETF makes up about 1.8% of Detalus Advisors LLC’s holdings, making the stock its 11th biggest holding.
A number of other hedge funds also recently made changes to their positions in SPEM. True Blue Financial LLC raised its position in SPDR Portfolio Emerging Markets ETF by 45.0% in the third quarter. True Blue Financial LLC now owns 128,501 shares of the company’s stock worth $6,651,000 after acquiring an additional 39,884 shares during the period. Uptown Financial Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the third quarter. Uptown Financial Advisors LLC now owns 158,099 shares of the company’s stock worth $8,183,000 after acquiring an additional 2,107 shares in the last quarter. AdvisorNet Financial Inc purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $1,971,000. WealthPlan Investment Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $550,000. Finally, HBW Advisory Services LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $2,786,000.
SPDR Portfolio Emerging Markets ETF Stock Down 0.2%
Shares of NYSEARCA SPEM opened at $51.35 on Friday. The stock’s 50-day simple moving average is $52.36 and its two-hundred day simple moving average is $51.47. The firm has a market capitalization of $17.25 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54.
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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