SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,197,307 shares of the company’s stock after buying an additional 35,071 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.50% of SPDR Portfolio Emerging Markets ETF worth $45,103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. American National Bank grew its holdings in SPDR Portfolio Emerging Markets ETF by 179.0% in the fourth quarter. American National Bank now owns 809 shares of the company’s stock valued at $29,000 after purchasing an additional 519 shares during the period. Frazier Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $32,000. Lynx Investment Advisory acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $35,000. WASHINGTON TRUST Co purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $44,000. Finally, LRI Investments LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $106,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock traded down $0.19 during trading on Wednesday, reaching $37.72. 411,074 shares of the stock traded hands, compared to its average volume of 1,615,452. SPDR Portfolio Emerging Markets ETF has a 52-week low of $32.06 and a 52-week high of $39.32. The firm has a market capitalization of $8.95 billion, a PE ratio of 13.05 and a beta of 0.81. The business’s 50 day moving average price is $37.86 and its 200-day moving average price is $36.84.

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.