Boston Standard Wealth Management LLC Purchases 1,504 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Boston Standard Wealth Management LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,539 shares of the company’s stock after buying an additional 1,504 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.6% of Boston Standard Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Boston Standard Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,860,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Stifel Financial Corp raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after acquiring an additional 4,049 shares during the last quarter. Advisory Resource Group raised its position in SPDR Portfolio Emerging Markets ETF by 5.4% during the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after purchasing an additional 3,068 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 3.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after buying an additional 19,370 shares during the period. Forbes Financial Planning Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 8.8% in the 3rd quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock valued at $3,019,000 after buying an additional 5,937 shares during the last quarter. Finally, Broadview Financial Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 24.4% in the third quarter. Broadview Financial Management LLC now owns 27,003 shares of the company’s stock valued at $1,115,000 after buying an additional 5,299 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $39.13 on Wednesday. The business has a 50-day moving average of $38.92 and a 200-day moving average of $39.17. The company has a market capitalization of $9.29 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.94 and a 1 year high of $42.88.

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.