63,028 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 63,028 shares of the company’s stock, valued at approximately $3,262,000.

A number of other institutional investors have also modified their holdings of SPEM. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $27,000. Align Financial LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at $32,000. Robinswood Financial LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $32,000. Gould Capital LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $59,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $66,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.9%

SPEM stock opened at $48.47 on Friday. The stock has a market capitalization of $16.12 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The stock’s fifty day simple moving average is $51.83 and its 200-day simple moving average is $50.72. 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 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.