National Wealth Management Group LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 10.4% in the third quarter, HoldingsChannel.com reports. The fund owned 7,038 shares of the company’s stock after purchasing an additional 663 shares during the quarter. National Wealth Management Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $291,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Quent Capital LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 17.6% in the first quarter. Quent Capital LLC now owns 58,427 shares of the company’s stock valued at $2,114,000 after buying an additional 8,748 shares during the last quarter. Comerica Bank lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 22.9% during the 1st quarter. Comerica Bank now owns 82,371 shares of the company’s stock worth $2,981,000 after purchasing an additional 15,357 shares during the period. LRI Investments LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth $101,000. Atria Investments Inc grew its position in shares of SPDR Portfolio Emerging Markets ETF by 17.6% in the first quarter. Atria Investments Inc now owns 110,161 shares of the company’s stock valued at $3,987,000 after purchasing an additional 16,462 shares during the period. Finally, ARQ Wealth Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 14.5% in the first quarter. ARQ Wealth Advisors LLC now owns 118,460 shares of the company’s stock valued at $4,287,000 after purchasing an additional 15,034 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Up 0.3 %
NYSEARCA SPEM opened at $39.22 on Thursday. The business’s 50-day moving average price is $40.54 and its 200 day moving average price is $38.90. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.52 and a twelve month high of $42.88. The company has a market capitalization of $9.31 billion, a PE ratio of 13.05 and a beta of 0.81.
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.
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