USAdvisors Wealth Management LLC Makes New $928,000 Investment in SPDR Portfolio Emerging Markets ETF $SPEM

USAdvisors Wealth Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 17,935 shares of the company’s stock, valued at approximately $928,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SPEM. Ascentis Independent Advisors bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $27,000. Robinswood Financial LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth about $32,000. Align Financial LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $32,000. Brown Lisle Cummings Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $53,000. Finally, Gould Capital LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $59,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.1%

SPDR Portfolio Emerging Markets ETF stock opened at $50.85 on Thursday. The firm has a 50-day moving average price of $52.23 and a two-hundred day moving average price of $51.58. The firm has a market capitalization of $16.91 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54.

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.