SVB Wealth LLC Makes New Investment in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

SVB Wealth LLC acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,664 shares of the company’s stock, valued at approximately $201,000.

Other large investors have also added to or reduced their stakes in the company. Anchor Investment Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $28,000. Carmichael Hill & Associates Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth $32,000. FinTrust Capital Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth $36,000. NBC Securities Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $50,000. Finally, Tsfg LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $70,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8 %

SPEM opened at $35.99 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $37.06. The business’s fifty day simple moving average is $35.93 and its 200-day simple moving average is $34.85. The company has a market capitalization of $8.54 billion, a price-to-earnings ratio of 12.11 and a beta of 0.78.

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.