53,573 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Bought by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, Holdings Channel.com reports. The firm purchased 53,573 shares of the company’s stock, valued at approximately $2,773,000.

Other institutional investors have also made changes to their positions in the company. Trinity Wealth Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the first quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock valued at $1,008,000 after buying an additional 201 shares in the last quarter. Kelman Lazarov Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 3.3% in the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock worth $294,000 after buying an additional 203 shares in the last quarter. Paces Ferry Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after buying an additional 206 shares during the period. Kraft Davis & Associates LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during the 2nd quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock valued at $634,000 after acquiring an additional 207 shares in the last quarter. Finally, United Asset Strategies Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the first quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock worth $1,164,000 after acquiring an additional 215 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM traded up $0.53 during trading on Friday, reaching $52.05. 581,537 shares of the stock traded hands, compared to its average volume of 2,535,541. The stock’s 50-day simple moving average is $52.33 and its two-hundred day simple moving average is $51.27. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54. The stock has a market cap of $17.56 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61.

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.