Austin Private Wealth LLC Raises Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Austin Private Wealth LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 18.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,635 shares of the company’s stock after purchasing an additional 13,136 shares during the period. Austin Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,411,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SPEM. WealthPLAN Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 3.5% in the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock valued at $304,000 after purchasing an additional 282 shares during the period. United Asset Strategies Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% in the 2nd quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock worth $283,000 after acquiring an additional 298 shares during the period. Verus Capital Partners LLC grew its position in SPDR Portfolio Emerging Markets ETF by 1.8% in the first quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock valued at $623,000 after acquiring an additional 302 shares in the last quarter. Epic Trust Investment Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.4% during the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $353,000 after purchasing an additional 304 shares during the period. Finally, Beacon Bridge Wealth Partners LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the second quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock worth $1,377,000 after purchasing an additional 313 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM traded up $0.52 during trading hours on Tuesday, reaching $40.87. 115,137 shares of the stock traded hands, compared to its average volume of 1,577,941. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.48 and a fifty-two week high of $42.88. The company has a market cap of $9.70 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The firm’s fifty day simple moving average is $40.02 and its two-hundred day simple moving average is $38.56.

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.