SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Bought by Truefg LLC

Truefg LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 279,163 shares of the company’s stock, valued at approximately $14,455,000. SPDR Portfolio Emerging Markets ETF accounts for approximately 3.4% of Truefg LLC’s investment portfolio, making the stock its 9th largest holding. Truefg LLC owned about 0.08% of SPDR Portfolio Emerging Markets ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Trinity Wealth Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock worth $1,008,000 after purchasing an additional 201 shares during the last quarter. Kelman Lazarov Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 3.3% in the first quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after purchasing an additional 203 shares during the last quarter. Paces Ferry Wealth Advisors LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 4.1% in the first quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after purchasing an additional 206 shares during the last quarter. Kraft Davis & Associates LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.7% in the second quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock worth $634,000 after purchasing an additional 207 shares in the last quarter. Finally, United Asset Strategies Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 0.9% in the first quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock worth $1,164,000 after purchasing an additional 215 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $52.15 on Wednesday. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The firm has a market cap of $17.52 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The firm has a 50-day simple moving average of $52.38 and a two-hundred day simple moving average of $51.39.

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.