Lodestar Private Asset Management LLC Acquires 11,549 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Lodestar Private Asset Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 208.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 17,085 shares of the company’s stock after acquiring an additional 11,549 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $801,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of SPEM. Paces Ferry Wealth Advisors LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 4.1% in the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock valued at $236,000 after buying an additional 200 shares in the last quarter. Trinity Wealth Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock valued at $1,008,000 after acquiring an additional 201 shares during the period. Mascagni Wealth Management Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.8% during the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock worth $211,000 after acquiring an additional 207 shares in the last quarter. River Street Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after acquiring an additional 209 shares in the last quarter. Finally, Kraft Davis & Associates LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after acquiring an additional 213 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $51.12 on Friday. The firm has a market capitalization of $17.25 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a one year low of $42.61 and a one year high of $53.54. The business has a fifty day moving average price of $51.73 and a 200-day moving average price of $49.64.

About SPDR Portfolio Emerging Markets ETF

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.