SPDR Portfolio Emerging Markets ETF $SPEM Shares Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 266.4% during the first quarter, Holdings Channel.com reports. The firm owned 58,227 shares of the company’s stock after purchasing an additional 42,335 shares during the period. Diversify Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,939,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Midwest Capital Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 33.3% during the 4th quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock valued at $19,098,000 after acquiring an additional 101,817 shares during the period. Brooklyn FI LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 19.9% during the fourth quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock worth $6,751,000 after purchasing an additional 23,983 shares during the period. McNamara Financial Services Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 1.6% during the fourth quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock worth $40,715,000 after purchasing an additional 13,566 shares during the period. Lunt Capital Management Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $569,000. Finally, Fort Point Capital Partners LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.8% during the third quarter. Fort Point Capital Partners LLC now owns 240,605 shares of the company’s stock worth $11,263,000 after purchasing an additional 13,202 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $50.96 on Tuesday. The firm has a market cap of $17.20 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The firm has a 50 day simple moving average of $51.81 and a 200-day simple moving average of $49.87. SPDR Portfolio Emerging Markets ETF has a one year low of $42.66 and a one year high of $53.54.

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.