Vance Wealth Inc. Acquires New Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Vance Wealth Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,286 shares of the company’s stock, valued at approximately $218,000.

Other large investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth about $27,000. Lynx Investment Advisory purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $35,000. Archer Investment Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $39,000. Hershey Financial Advisers LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $49,000. Finally, Strategic Financial Concepts LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after purchasing an additional 128,861 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $39.34 on Tuesday. The stock’s 50-day moving average is $40.35 and its 200-day moving average is $38.80. The company has a market cap of $9.34 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 $33.52 and a 12 month high of $42.88.

SPDR Portfolio Emerging Markets ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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