Raleigh Capital Management Inc. Purchases 16,671 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Raleigh Capital Management Inc. raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.3% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 133,385 shares of the company’s stock after acquiring an additional 16,671 shares during the period. SPDR Portfolio Emerging Markets ETF comprises 2.2% of Raleigh Capital Management Inc.’s portfolio, making the stock its 6th biggest position. Raleigh Capital Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,257,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Bravias Capital Group LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.9% during the 1st quarter. Bravias Capital Group LLC now owns 17,159 shares of the company’s stock worth $805,000 after acquiring an additional 322 shares in the last quarter. Peak Financial Management Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.5% in the first quarter. Peak Financial Management Inc. now owns 261,256 shares of the company’s stock valued at $12,256,000 after purchasing an additional 1,245 shares during the last quarter. WBH Advisory Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 17.7% in the first quarter. WBH Advisory Inc. now owns 120,091 shares of the company’s stock worth $5,653,000 after purchasing an additional 18,060 shares in the last quarter. QRG Capital Management Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth $1,311,000. Finally, Apeiron RIA LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 4.2% during the first quarter. Apeiron RIA LLC now owns 22,146 shares of the company’s stock worth $1,039,000 after purchasing an additional 883 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $51.12 on Friday. The company has a market cap of $17.25 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1-year low of $42.61 and a 1-year high of $53.54. The company has a fifty day simple moving average of $51.73 and a 200 day simple moving average 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.