BlueStem Wealth Partners LLC Makes New $38.05 Million Investment in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

BlueStem Wealth Partners LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 991,674 shares of the company’s stock, valued at approximately $38,051,000. SPDR Portfolio Emerging Markets ETF comprises about 5.0% of BlueStem Wealth Partners LLC’s portfolio, making the stock its 8th biggest position. BlueStem Wealth Partners LLC owned about 0.42% of SPDR Portfolio Emerging Markets ETF at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Compass Planning Associates Inc purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $28,000. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $39,000. Strategic Wealth Investment Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $46,000. Blue Trust Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares during the period. Finally, McClarren Financial Advisors Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the 4th quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock valued at $110,000 after purchasing an additional 316 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 1.3 %

Shares of NYSEARCA SPEM opened at $38.86 on Friday. The stock has a market capitalization of $10.15 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66. The stock’s fifty day simple moving average is $38.87 and its 200 day simple moving average is $39.47. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88.

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.