Curtis Advisory Group LLC Buys New Shares in SPDR Portfolio Emerging Markets ETF $SPEM

Curtis Advisory Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 17,627 shares of the company’s stock, valued at approximately $912,000.

A number of other large investors also recently made changes to their positions in the business. Morling Financial Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the third quarter. Morling Financial Advisors LLC now owns 15,439 shares of the company’s stock valued at $799,000 after purchasing an additional 671 shares during the period. Modera Wealth Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $1,349,000. DWM Financial Group Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $849,000. Raleigh Capital Management Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $6,989,000. Finally, Outlook Wealth Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $1,488,000.

SPDR Portfolio Emerging Markets ETF Trading Down 1.9%

Shares of NYSEARCA:SPEM opened at $48.47 on Friday. The firm has a market cap of $16.12 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The stock’s 50-day moving average price is $51.83 and its two-hundred day moving average price is $50.72. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54.

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.