ERn Financial LLC Acquires 266,919 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

ERn Financial LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 266,919 shares of the company’s stock, valued at approximately $13,816,000. SPDR Portfolio Emerging Markets ETF makes up approximately 2.3% of ERn Financial LLC’s holdings, making the stock its 9th biggest position. ERn Financial LLC owned approximately 0.08% of SPDR Portfolio Emerging Markets ETF at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SPEM. Ervin Investment Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth about $4,938,000. Quantinno Capital Management LP raised its stake in SPDR Portfolio Emerging Markets ETF by 25.5% during the 1st quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock valued at $3,745,000 after purchasing an additional 16,232 shares during the period. Gateway Wealth Partners LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 107.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock worth $7,671,000 after purchasing an additional 84,601 shares in the last quarter. IFP Advisors Inc lifted its holdings in SPDR Portfolio Emerging Markets ETF by 18.2% in the 2nd quarter. IFP Advisors Inc now owns 164,298 shares of the company’s stock worth $8,507,000 after purchasing an additional 25,284 shares in the last quarter. Finally, Isthmus Partners LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $16,291,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $49.42 on Friday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $45.28 and a 1-year high of $53.54. The company has a market capitalization of $16.44 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The business has a 50 day simple moving average of $51.90 and a two-hundred day simple moving average of $50.72.

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.