NorthStar Asset Management LLC NJ Buys 627 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

NorthStar Asset Management LLC NJ lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 7,450 shares of the company’s stock after acquiring an additional 627 shares during the quarter. NorthStar Asset Management LLC NJ’s holdings in SPDR Portfolio Emerging Markets ETF were worth $286,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bank of Montreal Can increased its position in SPDR Portfolio Emerging Markets ETF by 56.4% during the 2nd quarter. Bank of Montreal Can now owns 9,734 shares of the company’s stock valued at $367,000 after purchasing an additional 3,510 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 20.0% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 10,480 shares of the company’s stock valued at $395,000 after purchasing an additional 1,748 shares during the period. Truist Financial Corp lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 42.9% in the 2nd quarter. Truist Financial Corp now owns 43,603 shares of the company’s stock valued at $1,643,000 after purchasing an additional 13,084 shares during the period. SPC Financial Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.1% during the 2nd 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 in the last quarter. Finally, Cetera Investment Advisers grew its stake in SPDR Portfolio Emerging Markets ETF by 6.8% during the second quarter. Cetera Investment Advisers now owns 1,474,983 shares of the company’s stock worth $55,563,000 after purchasing an additional 94,447 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $38.52 on Wednesday. The firm has a market cap of $9.14 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.94 and a 52-week high of $42.88. The business’s 50 day moving average price is $38.97 and its two-hundred day moving average price is $39.17.

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.