Black Diamond Financial LLC Buys New Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Black Diamond Financial LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,061 shares of the company’s stock, valued at approximately $309,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPEM. State Street Corp lifted its position in SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after acquiring an additional 591,019 shares during the last quarter. LPL Financial LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after purchasing an additional 476,292 shares in the last quarter. Life Planning Partners Inc increased its stake in SPDR Portfolio Emerging Markets ETF by 3,737.0% during the 4th quarter. Life Planning Partners Inc now owns 431,778 shares of the company’s stock valued at $16,567,000 after purchasing an additional 420,525 shares in the last quarter. Tidal Investments LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $13,246,000. Finally, Onyx Bridge Wealth Group LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 694.6% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock valued at $10,142,000 after purchasing an additional 231,050 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $40.35 on Monday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month high of $42.88. The firm has a market capitalization of $10.54 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66. The firm’s 50 day simple moving average is $38.86 and its two-hundred day simple moving average is $39.41.

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.