Cerity Partners LLC Buys 18,041 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Cerity Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,688,945 shares of the company’s stock after buying an additional 18,041 shares during the quarter. Cerity Partners LLC owned about 0.87% of SPDR Portfolio Emerging Markets ETF worth $125,869,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. CoreCap Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 4.8% in the 3rd quarter. CoreCap Advisors LLC now owns 14,881 shares of the company’s stock worth $697,000 after purchasing an additional 681 shares during the last quarter. Gladstone Institutional Advisory LLC grew its position in SPDR Portfolio Emerging Markets ETF by 3.0% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 69,232 shares of the company’s stock valued at $3,241,000 after purchasing an additional 1,984 shares during the last quarter. Private Wealth Group LLC grew its position in SPDR Portfolio Emerging Markets ETF by 22.2% during the 3rd quarter. Private Wealth Group LLC now owns 13,872 shares of the company’s stock valued at $649,000 after purchasing an additional 2,520 shares during the last quarter. Echo Wealth Management LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 0.4% during the 3rd quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock valued at $2,894,000 after purchasing an additional 242 shares in the last quarter. Finally, Stevens Capital Partners increased its stake in SPDR Portfolio Emerging Markets ETF by 13.3% during the 3rd quarter. Stevens Capital Partners now owns 10,538 shares of the company’s stock valued at $493,000 after purchasing an additional 1,237 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $48.31 on Wednesday. The company has a 50-day simple moving average of $47.06 and a two-hundred day simple moving average of $45.66. The stock has a market capitalization of $15.91 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $48.58.

SPDR Portfolio Emerging Markets ETF Profile

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.