International Private Wealth Advisors LLC Buys 20,643 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

International Private Wealth Advisors LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 120.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,794 shares of the company’s stock after purchasing an additional 20,643 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 2.3% of International Private Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position. International Private Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of SPEM. Rothschild Investment LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth about $27,000. Lynx Investment Advisory acquired a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $35,000. Hershey Financial Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $49,000. Strategic Financial Concepts LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 649.3% during the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after buying an additional 128,861 shares in the last quarter. Finally, American National Bank raised its stake in SPDR Portfolio Emerging Markets ETF by 132.0% during the second quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after buying an additional 1,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5 %

NYSEARCA SPEM traded down $0.20 on Thursday, hitting $39.19. 194,592 shares of the stock traded hands, compared to its average volume of 1,589,702. The stock has a 50-day moving average of $40.27 and a 200 day moving average of $38.75. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.52 and a twelve month high of $42.88. The company has a market capitalization of $9.30 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.