Glassman Wealth Services purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,614 shares of the company’s stock, valued at approximately $100,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Compass Planning Associates Inc acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Archer Investment Corp acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $39,000. Strategic Wealth Investment Group LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $46,000. Blue Trust Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after purchasing an additional 1,878 shares in the last quarter. Finally, McClarren Financial Advisors Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 12.3% during the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock valued at $110,000 after purchasing an additional 316 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPEM opened at $38.86 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88. The company has a market cap of $10.15 billion, a P/E ratio of 14.32 and a beta of 0.66. The firm has a 50 day simple moving average of $38.87 and a two-hundred day simple moving average of $39.47.
About SPDR Portfolio Emerging Markets ETF
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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