Spartan Planning & Wealth Management Acquires Shares of 88,149 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Spartan Planning & Wealth Management bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 88,149 shares of the company’s stock, valued at approximately $3,382,000. SPDR Portfolio Emerging Markets ETF accounts for 3.1% of Spartan Planning & Wealth Management’s portfolio, making the stock its 12th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Archer Investment Corp bought a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $39,000. Hershey Financial Advisers LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $49,000. Strategic Financial Concepts LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 649.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after buying an additional 128,861 shares during the period. McClarren Financial Advisors Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 583.2% during the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after acquiring an additional 2,193 shares in the last quarter. Finally, JGP Wealth Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $204,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.10 during trading hours on Tuesday, hitting $38.38. The company’s stock had a trading volume of 711,985 shares, compared to its average volume of 1,977,003. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 and a 12 month high of $42.88. The company has a market capitalization of $9.11 billion, a PE ratio of 13.05 and a beta of 0.81. The stock has a 50 day moving average of $39.59 and a 200 day moving average of $39.18.

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.