Triumph Capital Management Buys New Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Triumph Capital Management purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 19,487 shares of the company’s stock, valued at approximately $1,009,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Trinity Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock worth $1,008,000 after acquiring an additional 201 shares during the last quarter. Kelman Lazarov Inc. grew its holdings 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 acquiring an additional 203 shares during the last quarter. Paces Ferry Wealth Advisors LLC increased its holdings in 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 purchasing an additional 206 shares during the period. Kraft Davis & Associates LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during the second quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock valued at $634,000 after buying an additional 207 shares during the period. Finally, United Asset Strategies Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock valued at $1,164,000 after purchasing an additional 215 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM traded down $0.69 on Wednesday, hitting $51.46. The company had a trading volume of 2,144,360 shares, compared to its average volume of 2,527,867. The firm has a market capitalization of $17.29 billion, a P/E ratio of 15.39 and a beta of 0.61. The stock has a fifty day simple moving average of $52.37 and a 200-day simple moving average of $51.42. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week 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.