Iams Wealth Management LLC Boosts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Iams Wealth Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 29,858 shares of the company’s stock after acquiring an additional 330 shares during the quarter. Iams Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,146,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Stifel Financial Corp increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after purchasing an additional 4,049 shares during the last quarter. SPC Financial Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 5.1% in the second quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after purchasing an additional 3,889 shares during the period. Advisory Resource Group raised its position in SPDR Portfolio Emerging Markets ETF by 5.4% in the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after buying an additional 19,370 shares in the last quarter. Finally, Forbes Financial Planning Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 8.8% in the 3rd quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock valued at $3,019,000 after purchasing an additional 5,937 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.2 %

SPEM stock opened at $38.59 on Wednesday. The company has a market capitalization of $9.16 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.94 and a twelve month high of $42.88. The business has a 50 day simple moving average of $38.97 and a 200-day simple moving average of $39.17.

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.