SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by National Wealth Management Group LLC

National Wealth Management Group LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 quarter.

Several other hedge funds have also recently modified their holdings of the stock. True Vision MN LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $223,000. CreativeOne Wealth LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 25.5% in the 3rd quarter. CreativeOne Wealth LLC now owns 85,500 shares of the company’s stock valued at $3,529,000 after purchasing an additional 17,348 shares in the last quarter. Townsquare Capital LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 6.5% in the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after purchasing an additional 132,008 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $219,000. Finally, Shum Financial Group Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth $2,950,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3 %

Shares of SPEM stock opened at $39.22 on Thursday. The stock has a market cap of $9.31 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88. The business has a fifty day simple moving average of $40.54 and a 200-day simple moving average of $38.90.

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.