Salomon & Ludwin LLC Purchases 1,837 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Salomon & Ludwin LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 22.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,019 shares of the company’s stock after buying an additional 1,837 shares during the quarter. Salomon & Ludwin LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $363,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. CFS Investment Advisory Services LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the 4th quarter. CFS Investment Advisory Services LLC now owns 103,296 shares of the company’s stock worth $3,658,000 after purchasing an additional 4,447 shares during the period. Fiduciary Alliance LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.0% during the 4th quarter. Fiduciary Alliance LLC now owns 117,258 shares of the company’s stock worth $4,152,000 after purchasing an additional 2,278 shares during the period. Private Advisor Group LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 14.4% during the 4th quarter. Private Advisor Group LLC now owns 1,293,431 shares of the company’s stock valued at $45,800,000 after purchasing an additional 162,689 shares during the last quarter. Eudaimonia Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 2.1% in the 4th quarter. Eudaimonia Advisors LLC now owns 16,180 shares of the company’s stock worth $573,000 after purchasing an additional 329 shares during the period. Finally, Savvy Advisors Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $597,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4 %

Shares of NYSEARCA SPEM traded up $0.16 during mid-day trading on Tuesday, reaching $38.59. The company had a trading volume of 828,820 shares, compared to its average volume of 1,652,930. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $38.84. The business’s 50-day moving average is $37.84 and its 200-day moving average is $36.27. The stock has a market cap of $9.16 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.