Partners in Financial Planning acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 64,126 shares of the company’s stock, valued at approximately $2,461,000. SPDR Portfolio Emerging Markets ETF makes up 0.5% of Partners in Financial Planning’s holdings, making the stock its 25th biggest holding.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. IMG Wealth Management Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $27,000. Compass Planning Associates Inc purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $28,000. Strategic Wealth Investment Group LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Rialto Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $60,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $64,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
SPEM stock opened at $39.45 on Monday. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88. The firm has a market cap of $10.43 billion, a PE ratio of 14.84 and a beta of 0.67. The firm’s 50 day moving average price is $39.49 and its 200-day moving average price is $39.69.
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.
Featured Stories
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- What does consumer price index measure?
- Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners
- How to Invest in Insurance Companies: A Guide
- MarketBeat Week in Review – 03/24 – 03/28
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.