38,324 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Bought by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 38,324 shares of the company’s stock, valued at approximately $1,984,000.

A number of other hedge funds have also modified their holdings of SPEM. Ascentis Independent Advisors purchased a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $27,000. Align Financial LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth about $32,000. Robinswood Financial LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $32,000. Brown Lisle Cummings Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $53,000. Finally, Gould Capital LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $59,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $50.69 on Friday. The business has a fifty day simple moving average of $52.32 and a two-hundred day simple moving average of $51.46. SPDR Portfolio Emerging Markets ETF has a 1 year low of $45.28 and a 1 year high of $53.54. The company has a market capitalization of $16.86 billion, a P/E ratio of 15.39 and a beta of 0.61.

SPDR Portfolio Emerging Markets ETF 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.