29,879 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Purchased by 3EDGE Asset Management LP

3EDGE Asset Management LP bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 29,879 shares of the company’s stock, valued at approximately $1,146,000.

A number of other large investors have also recently bought and sold shares of SPEM. Cornerstone Advisors Asset Management LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 30.6% in the fourth quarter. Cornerstone Advisors Asset Management LLC now owns 41,477 shares of the company’s stock valued at $1,591,000 after purchasing an additional 9,707 shares during the last quarter. Kestra Investment Management LLC grew its position in SPDR Portfolio Emerging Markets ETF by 19.4% in the fourth quarter. Kestra Investment Management LLC now owns 289,201 shares of the company’s stock valued at $11,097,000 after purchasing an additional 46,983 shares in the last quarter. Venturi Wealth Management LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 15.3% in the 4th quarter. Venturi Wealth Management LLC now owns 516,287 shares of the company’s stock valued at $19,810,000 after buying an additional 68,629 shares during the last quarter. Truist Financial Corp increased its stake in SPDR Portfolio Emerging Markets ETF by 3.4% in the 4th quarter. Truist Financial Corp now owns 46,300 shares of the company’s stock valued at $1,777,000 after buying an additional 1,520 shares during the last quarter. Finally, Cutler Investment Counsel LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 5.4% during the 4th quarter. Cutler Investment Counsel LLC now owns 732,993 shares of the company’s stock worth $28,125,000 after buying an additional 37,440 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $40.17 on Wednesday. The firm has a 50-day moving average of $38.86 and a 200-day moving average of $39.30. The company has a market cap of $9.54 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88.

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.