Opes Wealth Management LLC Acquires 3,909 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Opes Wealth Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 210,206 shares of the company’s stock after buying an additional 3,909 shares during the period. SPDR Portfolio Emerging Markets ETF comprises 1.7% of Opes Wealth Management LLC’s holdings, making the stock its 18th largest holding. Opes Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,066,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SPEM. Archer Investment Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $39,000. Strategic Wealth Investment Group LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $46,000. Blue Trust Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 474.2% during the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares during the period. McClarren Financial Advisors Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after purchasing an additional 2,193 shares during the period. Finally, Fortitude Family Office LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $121,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

SPEM stock opened at $40.01 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.98 and a 12 month high of $42.88. The company has a 50-day moving average price of $38.88 and a 200 day moving average price of $39.27. The stock has a market cap of $9.50 billion, a PE ratio of 13.05 and a beta of 0.81.

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.