Vertex Planning Partners LLC Raises Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Vertex Planning Partners LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 66.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 50,794 shares of the company’s stock after purchasing an additional 20,219 shares during the quarter. Vertex Planning Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,000,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Golden State Wealth Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 66.1% during the first quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock worth $281,000 after purchasing an additional 2,839 shares during the last quarter. ORBA Wealth Advisors L.L.C. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the first quarter. ORBA Wealth Advisors L.L.C. now owns 108,024 shares of the company’s stock worth $4,253,000 after purchasing an additional 11,790 shares during the last quarter. Northern Trust Corp grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 16.1% during the fourth quarter. Northern Trust Corp now owns 8,648 shares of the company’s stock worth $332,000 after purchasing an additional 1,200 shares during the last quarter. Golden State Equity Partners purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $1,102,000. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 22.3% during the first quarter. Oppenheimer & Co. Inc. now owns 15,717 shares of the company’s stock worth $619,000 after purchasing an additional 2,861 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $44.37 on Wednesday. The stock’s 50-day moving average is $43.14 and its two-hundred day moving average is $40.89. The firm has a market cap of $12.91 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $44.73.

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.