RWA Wealth Partners LLC Raises Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

RWA Wealth Partners LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 62.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,559 shares of the company’s stock after acquiring an additional 6,745 shares during the period. RWA Wealth Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $674,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SPEM. IMG Wealth Management Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $27,000. Compass Planning Associates Inc bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $28,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $46,000. Rialto Wealth Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $60,000. Finally, SBI Securities Co. Ltd. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $64,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $39.53 on Wednesday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $35.00 and a fifty-two week high of $42.88. The firm has a market cap of $10.45 billion, a P/E ratio of 14.84 and a beta of 0.67. The business’s 50 day moving average price is $39.53 and its 200-day moving average price is $39.71.

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.