5,664 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Acquired by SVB Wealth LLC

SVB Wealth LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 5,664 shares of the company’s stock, valued at approximately $201,000.

Other hedge funds have also added to or reduced their stakes in the company. Anchor Investment Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $28,000. Carmichael Hill & Associates Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $32,000. FinTrust Capital Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $36,000. NBC Securities Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $50,000. Finally, Tsfg LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $70,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $35.99 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $37.06. The company has a market cap of $8.54 billion, a price-to-earnings ratio of 12.11 and a beta of 0.78. The company’s 50-day moving average price is $35.93 and its 200-day moving average price is $34.85.

About SPDR Portfolio Emerging Markets ETF

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.