SPDR Portfolio Emerging Markets ETF $SPEM Holdings Boosted by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 107.2% in the first quarter, HoldingsChannel.com reports. The fund owned 163,531 shares of the company’s stock after buying an additional 84,601 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,671,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in SPEM. Midwest Capital Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 33.3% during the fourth quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock worth $19,098,000 after acquiring an additional 101,817 shares during the last quarter. Brooklyn FI LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 19.9% in the 4th quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock valued at $6,751,000 after purchasing an additional 23,983 shares during the last quarter. Lunt Capital Management Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $569,000. McNamara Financial Services Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 1.6% during the 4th quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock valued at $40,715,000 after purchasing an additional 13,566 shares during the period. Finally, Forefront Wealth Partners LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 28.8% in the fourth quarter. Forefront Wealth Partners LLC now owns 52,564 shares of the company’s stock valued at $2,461,000 after purchasing an additional 11,756 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $50.16 on Monday. The business’s 50 day moving average is $51.58 and its 200-day moving average is $50.10. The stock has a market cap of $16.98 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a twelve month low of $42.66 and a twelve month high of $53.54.

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.