SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Purchased by Cypress Wealth Services LLC

Cypress Wealth Services LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 101,983 shares of the company’s stock, valued at approximately $5,390,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $27,000. Align Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $32,000. Robinswood Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $32,000. Brown Lisle Cummings Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $53,000. Finally, Gould Capital LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $59,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $50.85 on Thursday. The firm has a market cap of $16.91 billion, a PE ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The stock’s 50 day simple moving average is $52.23 and its 200 day simple moving average is $51.58.

About SPDR Portfolio Emerging Markets ETF

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.