SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Bought by Partnership Wealth Management LLC

Partnership Wealth Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 54,872 shares of the company’s stock after purchasing an additional 4,783 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 1.8% of Partnership Wealth Management LLC’s holdings, making the stock its 10th biggest holding. Partnership Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,105,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SPEM. Sterneck Capital Management LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 0.5% during the fourth quarter. Sterneck Capital Management LLC now owns 295,298 shares of the company’s stock valued at $11,331,000 after purchasing an additional 1,370 shares during the last quarter. Range Financial Group LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 89.5% in the 4th quarter. Range Financial Group LLC now owns 22,513 shares of the company’s stock valued at $864,000 after buying an additional 10,634 shares during the period. One Wealth Capital Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $347,000. Spartan Planning & Wealth Management acquired a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $3,382,000. Finally, Integrated Capital Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 4.0% in the fourth quarter. Integrated Capital Management LLC now owns 102,820 shares of the company’s stock worth $3,945,000 after acquiring an additional 3,968 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.6 %

SPEM stock traded down $0.24 during midday trading on Wednesday, reaching $38.04. The company had a trading volume of 1,259,842 shares, compared to its average volume of 1,979,638. The firm has a market capitalization of $9.03 billion, a PE ratio of 13.05 and a beta of 0.81. The stock has a 50 day moving average price of $39.54 and a 200 day moving average price of $39.18. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88.

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.