Savvy Advisors Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 30.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,246 shares of the company’s stock after purchasing an additional 34,281 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.7% of Savvy Advisors Inc.’s holdings, making the stock its 26th largest position. Savvy Advisors Inc. owned about 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,650,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of SPEM. Headlands Technologies LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $26,000. IMG Wealth Management Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $27,000. Compass Planning Associates Inc purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $28,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $46,000. Finally, Bernard Wealth Management Corp. bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $50,000.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of NYSEARCA SPEM opened at $37.44 on Friday. The stock has a market cap of $9.90 billion, a PE ratio of 14.84 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $42.88. The firm has a fifty day moving average price of $39.14 and a 200-day moving average price of $39.52.
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.
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