Modera Wealth Management LLC Has $1.68 Million Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Modera Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 643.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 43,872 shares of the company’s stock after acquiring an additional 37,970 shares during the quarter. Modera Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,683,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SRS Capital Advisors Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 37,567.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 212,822 shares of the company’s stock valued at $8,166,000 after buying an additional 212,257 shares during the period. Glassman Wealth Services purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $100,000. Norden Group LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 5.9% during the fourth quarter. Norden Group LLC now owns 19,510 shares of the company’s stock valued at $749,000 after purchasing an additional 1,087 shares during the last quarter. Kohmann Bosshard Financial Services LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 1.4% during the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 49,528 shares of the company’s stock valued at $1,900,000 after purchasing an additional 668 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 68.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,754 shares of the company’s stock valued at $183,000 after purchasing an additional 1,926 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $38.54 on Tuesday. The firm has a market cap of $10.06 billion, a P/E ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $35.00 and a fifty-two week high of $42.88. The stock’s 50-day moving average is $38.87 and its two-hundred day moving average is $39.48.

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.