JGP Wealth Management LLC Acquires Shares of 4,940 SPDR Portfolio Emerging Markets ETF $SPEM

JGP Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 2nd quarter, HoldingsChannel reports. The firm acquired 4,940 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors have also added to or reduced their stakes in the company. Cypress Wealth Services LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $5,651,000. Axxcess Wealth Management LLC raised its position in SPDR Portfolio Emerging Markets ETF by 5.6% during the second quarter. Axxcess Wealth Management LLC now owns 661,833 shares of the company’s stock valued at $28,287,000 after purchasing an additional 35,183 shares in the last quarter. Cutler Investment Counsel LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the second quarter. Cutler Investment Counsel LLC now owns 783,482 shares of the company’s stock valued at $33,486,000 after purchasing an additional 8,485 shares in the last quarter. MGO One Seven LLC raised its position in SPDR Portfolio Emerging Markets ETF by 80.1% during the second quarter. MGO One Seven LLC now owns 14,635 shares of the company’s stock valued at $625,000 after purchasing an additional 6,511 shares in the last quarter. Finally, ONE Advisory Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 70.9% during the second quarter. ONE Advisory Partners LLC now owns 229,650 shares of the company’s stock valued at $10,153,000 after purchasing an additional 95,248 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $46.31 on Wednesday. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.67. The company has a market cap of $14.24 billion, a P/E ratio of 15.39 and a beta of 0.68. The firm has a 50 day simple moving average of $45.55 and a two-hundred day simple moving average of $42.61.

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.