Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 42,745 shares of the company’s stock, valued at approximately $2,212,000.
Other hedge funds have also made changes to their positions in the company. Paces Ferry Wealth Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock worth $247,000 after acquiring an additional 206 shares in the last quarter. Kraft Davis & Associates LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.7% in the second quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock valued at $634,000 after purchasing an additional 207 shares in the last quarter. D.A. Davidson & CO. increased its stake in SPDR Portfolio Emerging Markets ETF by 4.7% in the first quarter. D.A. Davidson & CO. now owns 5,175 shares of the company’s stock valued at $243,000 after purchasing an additional 234 shares during the last quarter. Balefire LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 0.4% in the second quarter. Balefire LLC now owns 72,611 shares of the company’s stock valued at $3,760,000 after purchasing an additional 255 shares during the last quarter. Finally, Archer Investment Corp increased its stake in SPDR Portfolio Emerging Markets ETF by 15.2% in the first quarter. Archer Investment Corp now owns 1,986 shares of the company’s stock valued at $93,000 after purchasing an additional 262 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Up 2.4%
SPEM stock opened at $49.39 on Tuesday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54. The company’s 50 day moving average is $51.35 and its two-hundred day moving average is $50.71. The stock has a market cap of $16.43 billion, a P/E ratio of 15.39 and a beta of 0.63.
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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