WLTH Capital Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund bought 27,636 shares of the company’s stock, valued at approximately $1,389,000. SPDR Portfolio Emerging Markets ETF comprises approximately 1.1% of WLTH Capital Management LLC’s investment portfolio, making the stock its 19th largest holding.
A number of other institutional investors and hedge funds have also made changes to their positions in SPEM. First Command Advisory Services Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $26,000. Safe Harbor Fiduciary LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $32,000. Front Row Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after purchasing an additional 460 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $37,000. Finally, Signaturefd LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $40,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of SPDR Portfolio Emerging Markets ETF stock opened at $53.08 on Friday. The company has a market capitalization of $18.20 billion, a PE ratio of 15.39 and a beta of 0.60. The company has a 50-day simple moving average of $51.43 and a two-hundred day simple moving average of $49.30. SPDR Portfolio Emerging Markets ETF has a one year low of $40.83 and a one year high of $53.54.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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