Kestra Investment Management LLC Makes New Investment in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Kestra Investment Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 183,371 shares of the company’s stock, valued at approximately $6,908,000. Kestra Investment Management LLC owned about 0.08% of SPDR Portfolio Emerging Markets ETF at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Wedmont Private Capital grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 1st quarter. Wedmont Private Capital now owns 43,028 shares of the company’s stock worth $1,593,000 after acquiring an additional 278 shares in the last quarter. WealthPLAN Partners LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.5% in the 1st quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock worth $304,000 after acquiring an additional 282 shares in the last quarter. United Asset Strategies Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the 2nd quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock worth $283,000 after acquiring an additional 298 shares in the last quarter. Verus Capital Partners LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the 1st quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock worth $623,000 after acquiring an additional 302 shares in the last quarter. Finally, Epic Trust Investment Advisors LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.4% in the 2nd quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $353,000 after acquiring an additional 304 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $41.26 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $41.90. The firm has a market cap of $9.79 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The company has a fifty day moving average price of $38.31 and a 200-day moving average price of $37.68.

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.