BlueStem Wealth Partners LLC Buys 65,492 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

BlueStem Wealth Partners LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,049,706 shares of the company’s stock after acquiring an additional 65,492 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 5.6% of BlueStem Wealth Partners LLC’s portfolio, making the stock its 5th biggest holding. BlueStem Wealth Partners LLC owned about 0.34% of SPDR Portfolio Emerging Markets ETF worth $49,137,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after purchasing an additional 589 shares in the last quarter. First Horizon Corp acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $29,000. Stone House Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $40,000. Addison Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $49,000. Finally, Blue Trust Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 539.1% in the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock valued at $57,000 after acquiring an additional 1,035 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.4%

Shares of SPEM opened at $49.79 on Tuesday. The company’s fifty day moving average is $49.12 and its 200-day moving average is $47.43. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $51.35. The firm has a market cap of $16.63 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56.

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.