Wealth Advisors Northwest LLC Purchases New Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wealth Advisors Northwest LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, HoldingsChannel.com reports. The firm bought 7,673 shares of the company’s stock, valued at approximately $294,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $39,000. Strategic Wealth Investment Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $46,000. Blue Trust Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares during the period. McClarren Financial Advisors Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after buying an additional 2,193 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $121,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $39.39 on Wednesday. The company has a market capitalization of $9.35 billion, a P/E ratio of 13.05 and a beta of 0.81. The business’s 50 day simple moving average is $38.91 and its 200 day simple moving average is $39.23. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.30 and a 1 year high of $42.88.

SPDR Portfolio Emerging Markets ETF 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.