Signature Estate & Investment Advisors LLC Purchases 26,853 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Signature Estate & Investment Advisors LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 715,123 shares of the company’s stock after purchasing an additional 26,853 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $33,475,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Hantz Financial Services Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after purchasing an additional 589 shares during the period. First Horizon Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at $29,000. Stone House Investment Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $40,000. Addison Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $49,000. Finally, Blue Trust Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after buying an additional 1,035 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $49.91 on Friday. The stock has a market cap of $16.67 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The firm has a 50-day moving average of $47.96 and a two-hundred day moving average of $46.64. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $50.58.

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.