Concurrent Investment Advisors LLC Acquires Shares of 4,887 SPDR Portfolio Emerging Markets ETF $SPEM

Concurrent Investment Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,887 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. Vestia Personal Wealth Advisors increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the 2nd quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock worth $334,000 after purchasing an additional 236 shares during the last quarter. Apollon Wealth Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.5% during the 2nd quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock worth $722,000 after purchasing an additional 244 shares during the last quarter. Vawter Financial Ltd. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.6% during the 1st quarter. Vawter Financial Ltd. now owns 7,412 shares of the company’s stock worth $292,000 after purchasing an additional 255 shares during the last quarter. Focus Financial Network Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.8% during the 2nd quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after purchasing an additional 263 shares during the last quarter. Finally, Fidelis Capital Partners LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. Fidelis Capital Partners LLC now owns 31,409 shares of the company’s stock worth $1,228,000 after purchasing an additional 268 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 1.1%

Shares of SPEM stock opened at $47.58 on Tuesday. The company has a 50 day moving average of $45.83 and a 200-day moving average of $42.88. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $47.67. The firm has a market cap of $14.63 billion, a P/E ratio of 15.39 and a beta of 0.68.

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.