Rede Wealth LLC Acquires 17,847 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Rede Wealth LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 17,847 shares of the company’s stock, valued at approximately $924,000.

A number of other hedge funds have also recently modified their holdings of SPEM. Kelman Lazarov Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.3% in the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock worth $294,000 after buying an additional 203 shares during the last quarter. Paces Ferry Wealth Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 4.1% during the first quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after buying an additional 206 shares during the last quarter. Kraft Davis & Associates LLC raised its stake in 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 valued at $634,000 after buying an additional 207 shares during the last quarter. United Asset Strategies Inc. boosted 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 acquiring an additional 215 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 4.7% in the first quarter. D.A. Davidson & CO. now owns 5,175 shares of the company’s stock worth $243,000 after acquiring an additional 234 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.0%

Shares of NYSEARCA SPEM traded up $0.01 during trading on Friday, reaching $49.67. The company had a trading volume of 1,728,379 shares, compared to its average volume of 2,502,568. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54. The stock has a market cap of $16.52 billion, a PE ratio of 15.39 and a beta of 0.61. The business’s 50-day moving average is $52.13 and its 200 day moving average is $51.59.

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.