True North Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 11,947 shares of the company’s stock, valued at approximately $458,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Archer Investment Corp bought a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $39,000. Hershey Financial Advisers LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $49,000. McClarren Financial Advisors Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after acquiring an additional 2,193 shares in the last quarter. Fortitude Family Office LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $121,000. Finally, Abound Wealth Management raised its position in SPDR Portfolio Emerging Markets ETF by 420.2% during the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock valued at $131,000 after purchasing an additional 2,761 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of SPEM opened at $38.60 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.91 and a 52-week high of $42.88. The firm has a market cap of $9.16 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The business’s fifty day moving average is $39.03 and its 200-day moving average is $39.18.
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.
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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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