Advocacy Wealth Management Services LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 681,809 shares of the company’s stock, valued at approximately $29,141,000. SPDR Portfolio Emerging Markets ETF makes up 1.8% of Advocacy Wealth Management Services LLC’s portfolio, making the stock its 21st biggest holding. Advocacy Wealth Management Services LLC owned 0.23% of SPDR Portfolio Emerging Markets ETF at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Knuff & Co LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter worth $29,000. Brooklyn Investment Group bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $32,000. Sachetta LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% in the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after buying an additional 815 shares during the period. Webster Bank N. A. bought a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at about $40,000. Finally, Addison Advisors LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at about $49,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
SPEM stock opened at $47.03 on Monday. The stock’s 50 day simple moving average is $47.11 and its 200 day simple moving average is $44.67. The company has a market cap of $14.52 billion, a P/E ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $48.56.
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.
Read More
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Worried About Inflation? These 3 ETFs Offer Real Protection
- What Are Dividends? Buy the Best Dividend Stocks
- Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally
- Pros And Cons Of Monthly Dividend Stocks
- Klarna’s Crypto Play: A Plan to Fix Its Profit Problem
Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
