27,533 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Bought by City State Bank

City State Bank bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 27,533 shares of the company’s stock, valued at approximately $1,425,000.

Several other large investors have also recently bought and sold shares of the stock. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $27,000. Align Financial LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $32,000. Robinswood Financial LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $32,000. Brown Lisle Cummings Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $53,000. Finally, Gould Capital LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $59,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $50.91 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $45.28 and a 12 month high of $53.54. The stock has a market cap of $16.93 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The stock’s 50 day moving average price is $52.26 and its 200 day moving average price is $51.56.

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.