SPDR Portfolio Emerging Markets ETF $SPEM Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 333.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,789 shares of the company’s stock after buying an additional 53,695 shares during the quarter. Sowell Financial Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,612,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Trinity Wealth Management LLC grew its position 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 in the last quarter. Kelman Lazarov Inc. increased its holdings in shares of 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 valued at $294,000 after acquiring an additional 203 shares during the last quarter. Paces Ferry Wealth Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after acquiring an additional 206 shares during the last quarter. Kraft Davis & Associates LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during the 2nd quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock valued at $634,000 after acquiring an additional 207 shares in the last quarter. Finally, United Asset Strategies Inc. raised its position 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 acquiring an additional 215 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.1%

SPEM stock opened at $50.85 on Thursday. The stock’s 50 day simple moving average is $52.23 and its 200 day simple moving average is $51.58. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54. The firm has a market cap of $16.91 billion, a P/E ratio of 15.39 and a beta of 0.61.

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.