SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Purchased by Vision Capital Management Inc.

Vision Capital Management Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, HoldingsChannel.com reports. The firm bought 121,063 shares of the company’s stock, valued at approximately $6,266,000.

Several other institutional investors and hedge funds have also modified their holdings of SPEM. Trinity Wealth Management LLC increased its position in 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 worth $1,008,000 after acquiring an additional 201 shares during the period. Kelman Lazarov Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 3.3% in the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after purchasing an additional 203 shares during the period. Paces Ferry Wealth Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after purchasing an additional 206 shares during the period. Kraft Davis & Associates LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during the 2nd quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock worth $634,000 after purchasing an additional 207 shares in the last quarter. Finally, United Asset Strategies Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock worth $1,164,000 after purchasing an additional 215 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.0%

Shares of SPEM opened at $50.67 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $45.28 and a 12 month high of $53.54. The firm’s 50 day moving average is $52.29 and its 200-day moving average is $51.53. The stock has a market capitalization of $16.85 billion, a PE ratio of 15.39 and a beta of 0.61.

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.