Abich Financial Wealth Management LLC Buys Shares of 249,839 SPDR Portfolio Emerging Markets ETF $SPEM

Abich Financial Wealth Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 249,839 shares of the company’s stock, valued at approximately $11,695,000. SPDR Portfolio Emerging Markets ETF makes up about 4.2% of Abich Financial Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Abich Financial Wealth Management LLC owned 0.08% of SPDR Portfolio Emerging Markets ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the 3rd quarter. CWM LLC now owns 2,263,731 shares of the company’s stock worth $105,965,000 after purchasing an additional 73,219 shares in the last quarter. Addison Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter worth about $49,000. Allworth Financial LP grew its stake in SPDR Portfolio Emerging Markets ETF by 1.9% during the second quarter. Allworth Financial LP now owns 6,689,099 shares of the company’s stock worth $285,892,000 after buying an additional 121,550 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 45.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 58,564 shares of the company’s stock valued at $2,741,000 after buying an additional 18,303 shares during the period. Finally, Cerity Partners LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Cerity Partners LLC now owns 2,688,945 shares of the company’s stock valued at $125,869,000 after buying an additional 18,041 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.3%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $50.29 on Friday. The company has a market cap of $16.80 billion, a PE ratio of 15.39 and a beta of 0.56. The company has a 50 day moving average of $48.24 and a 200-day moving average of $46.80. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $51.05.

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.