SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 367,841 shares of the company’s stock after acquiring an additional 9,735 shares during the quarter. Commonwealth Equity Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $14,114,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Compass Planning Associates Inc acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $28,000. Strategic Wealth Investment Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $46,000. Rialto Wealth Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $60,000. SBI Securities Co. Ltd. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $64,000. Finally, Archer Investment Corp raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 83.7% in the fourth quarter. Archer Investment Corp now owns 1,723 shares of the company’s stock worth $66,000 after purchasing an additional 785 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 1.4 %

Shares of NYSEARCA SPEM opened at $40.63 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The business’s 50 day moving average price is $39.08 and its 200 day moving average price is $39.56. The firm has a market cap of $10.74 billion, a P/E ratio of 14.80 and a beta of 0.67.

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.