53,825 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Bought by HBW Advisory Services LLC

HBW Advisory Services LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 53,825 shares of the company’s stock, valued at approximately $2,786,000.

A number of other hedge funds have also recently bought and sold shares of the company. Trinity Wealth Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock worth $1,008,000 after acquiring an additional 201 shares during the period. Kelman Lazarov Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock worth $294,000 after purchasing an additional 203 shares during the period. Paces Ferry Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock worth $247,000 after purchasing an additional 206 shares during the period. Kraft Davis & Associates LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during 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 during the last quarter. Finally, United Asset Strategies Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during 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 during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.3%

Shares of NYSEARCA:SPEM opened at $51.46 on Thursday. The company has a market cap of $17.29 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 52 week low of $45.28 and a 52 week high of $53.54. The business has a fifty day simple moving average of $52.37 and a 200-day simple moving average of $51.42.

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.