Cassaday & Co Wealth Management LLC Invests $6.40 Million in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Cassaday & Co Wealth Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 166,890 shares of the company’s stock, valued at approximately $6,404,000. Cassaday & Co Wealth Management LLC owned 0.07% of SPDR Portfolio Emerging Markets ETF as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $39,000. Strategic Wealth Investment Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Blue Trust Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after buying an additional 1,878 shares during the last quarter. McClarren Financial Advisors Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 12.3% during the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares during the period. Finally, Fortitude Family Office LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $121,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8 %

Shares of NYSEARCA:SPEM opened at $40.42 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month high of $42.88. The business has a 50 day moving average of $38.86 and a two-hundred day moving average of $39.34. The company has a market capitalization of $9.60 billion, a PE ratio of 13.05 and a beta of 0.81.

About SPDR Portfolio Emerging Markets ETF

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.