Woodmont Investment Counsel LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 3.8% during the 3rd quarter, Holdings Channel reports. The firm owned 469,612 shares of the company’s stock after acquiring an additional 17,338 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 1.3% of Woodmont Investment Counsel LLC’s investment portfolio, making the stock its 21st largest position. Woodmont Investment Counsel LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $24,307,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Virtue Capital Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $486,000. MeadowBrook Investment Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $105,000. Bell Investment Advisors Inc purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $57,000. ARQ Wealth Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $822,000. Finally, Stevens Capital Partners increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 11.2% in the third quarter. Stevens Capital Partners now owns 33,054 shares of the company’s stock valued at $1,711,000 after purchasing an additional 3,321 shares during the period.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of NYSEARCA:SPEM opened at $48.47 on Monday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54. The stock has a market cap of $16.12 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The business has a 50-day moving average price of $51.83 and a 200-day moving average price of $50.72.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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