Cypress Wealth Services LLC Grows Position in SPDR Portfolio Emerging Markets ETF $SPEM

Cypress Wealth Services LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 21.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,106 shares of the company’s stock after acquiring an additional 27,882 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.2% of Cypress Wealth Services LLC’s holdings, making the stock its 17th biggest holding. Cypress Wealth Services LLC owned approximately 0.05% of SPDR Portfolio Emerging Markets ETF worth $7,495,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Verus Capital Partners LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.3% in the second quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock valued at $787,000 after purchasing an additional 235 shares in the last quarter. Vestia Personal Wealth Advisors lifted its position in SPDR Portfolio Emerging Markets ETF by 3.1% during the second quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock valued at $334,000 after purchasing an additional 236 shares during the last quarter. Rockbridge Investment Management LCC lifted its position in SPDR Portfolio Emerging Markets ETF by 1.0% during the second quarter. Rockbridge Investment Management LCC now owns 25,083 shares of the company’s stock valued at $1,072,000 after purchasing an additional 239 shares during the last quarter. Apollon Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.5% in the 2nd quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock worth $722,000 after buying an additional 244 shares in the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.3% in the 2nd quarter. Stonehaven Wealth & Tax Solutions LLC now owns 90,575 shares of the company’s stock worth $3,871,000 after buying an additional 253 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4%

Shares of NYSEARCA SPEM opened at $46.71 on Wednesday. The firm’s 50-day moving average price is $47.12 and its 200-day moving average price is $45.31. The stock has a market capitalization of $14.42 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month 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.