Modera Wealth Management LLC Acquires 4,062 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Modera Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,822 shares of the company’s stock after purchasing an additional 4,062 shares during the quarter. Modera Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,044,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SPEM. Knuff & Co LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth $29,000. Brooklyn Investment Group bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth about $32,000. Sachetta LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% in the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after acquiring an additional 815 shares during the last quarter. Webster Bank N. A. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $40,000. Finally, Compass Planning Associates Inc boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 42.4% during the 2nd quarter. Compass Planning Associates Inc now owns 1,814 shares of the company’s stock worth $78,000 after purchasing an additional 540 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.1%

SPEM stock opened at $47.23 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $48.56. The firm has a market cap of $14.58 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The business’s fifty day simple moving average is $46.69 and its two-hundred day simple moving average is $43.92.

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.