SPDR Portfolio Emerging Markets ETF $SPEM Shares Purchased by Austin Private Wealth LLC

Austin Private Wealth LLC boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 419,004 shares of the company’s stock after buying an additional 13,739 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.5% of Austin Private Wealth LLC’s investment portfolio, making the stock its 21st largest holding. Austin Private Wealth LLC owned 0.13% of SPDR Portfolio Emerging Markets ETF worth $19,614,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPEM. Ritholtz Wealth Management boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the 3rd quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock valued at $907,000 after acquiring an additional 210 shares during the last quarter. Kraft Davis & Associates LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock valued at $240,000 after purchasing an additional 213 shares during the period. Captrust Financial Advisors boosted its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% in the third quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after purchasing an additional 222 shares during the last quarter. Cadent Capital Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 0.6% in the fourth quarter. Cadent Capital Advisors LLC now owns 43,377 shares of the company’s stock valued at $2,030,000 after purchasing an additional 240 shares during the last quarter. Finally, Echo Wealth Management LLC grew its position 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 worth $2,894,000 after purchasing an additional 242 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $46.76 on Friday. The stock has a 50-day simple moving average of $48.69 and a two-hundred day simple moving average of $47.77. The firm has a market capitalization of $16.03 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 $51.35.

SPDR Portfolio Emerging Markets ETF Company 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.