Montz Harcus Wealth Management LLC Buys 1,799 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Montz Harcus Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.1% during the fourth quarter, HoldingsChannel reports. The firm owned 17,976 shares of the company’s stock after purchasing an additional 1,799 shares during the quarter. Montz Harcus Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $690,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. LPL Financial LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the period. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after purchasing an additional 67,205 shares during the last quarter. State Street Corp grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares during the last quarter. Assetmark Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 10.2% during the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after buying an additional 204,960 shares in the last quarter. Finally, Townsquare Capital LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 6.5% during the third quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after buying an additional 132,008 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5 %

SPDR Portfolio Emerging Markets ETF stock opened at $39.39 on Wednesday. The business’s fifty day simple moving average is $38.91 and its two-hundred day simple moving average is $39.23. The company has a market capitalization of $9.35 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.30 and a 12 month high of $42.88.

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.