Isthmus Partners LLC Buys Shares of 347,279 SPDR Portfolio Emerging Markets ETF $SPEM

Isthmus Partners LLC acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the first quarter, Holdings Channel.com reports. The fund acquired 347,279 shares of the company’s stock, valued at approximately $16,291,000. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.7% of Isthmus Partners LLC’s holdings, making the stock its 11th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. Paces Ferry Wealth Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% in the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock worth $236,000 after acquiring an additional 200 shares in the last quarter. Trinity Wealth Management LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the first 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 in the last quarter. Kelman Lazarov Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the first quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after acquiring an additional 203 shares in the last quarter. Mascagni Wealth Management Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 4.8% in the 4th quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after purchasing an additional 207 shares during the last quarter. Finally, River Street Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after purchasing an additional 209 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5%

NYSEARCA:SPEM opened at $51.29 on Thursday. The company has a market cap of $17.31 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a twelve month low of $42.66 and a twelve month high of $53.54. The company’s 50 day moving average is $51.77 and its two-hundred day moving average is $49.76.

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.