SPDR Portfolio Emerging Markets ETF $SPEM Shares Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.7% during the 1st quarter, HoldingsChannel reports. The fund owned 125,368 shares of the company’s stock after purchasing an additional 24,043 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,881,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of SPEM. Midwest Capital Advisors LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 33.3% in the fourth quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock valued at $19,098,000 after purchasing an additional 101,817 shares during the period. Brooklyn FI LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 19.9% during the 4th quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock worth $6,751,000 after buying an additional 23,983 shares during the period. McNamara Financial Services Inc. raised its stake in shares of 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 worth $40,715,000 after buying an additional 13,566 shares during the period. Lunt Capital Management Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $569,000. Finally, Fort Point Capital Partners LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.8% during the 3rd quarter. Fort Point Capital Partners LLC now owns 240,605 shares of the company’s stock valued at $11,263,000 after buying an additional 13,202 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock traded up $0.28 during trading on Friday, reaching $51.97. The company had a trading volume of 1,909,414 shares, compared to its average volume of 2,995,445. The firm has a market capitalization of $17.54 billion, a PE ratio of 15.39 and a beta of 0.60. The firm’s 50-day simple moving average is $51.82 and its 200 day simple moving average is $49.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $42.66 and a 1-year 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.