Single Point Partners LLC Purchases 896 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Single Point Partners LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,703 shares of the company’s stock after buying an additional 896 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 0.7% of Single Point Partners LLC’s portfolio, making the stock its 23rd largest position. Single Point Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,663,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SPEM. Brighton Jones LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $289,000. NBC Securities Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 201,700.0% in the 1st quarter. NBC Securities Inc. now owns 2,018 shares of the company’s stock worth $79,000 after buying an additional 2,017 shares during the last quarter. Beacon Financial Group increased its stake in SPDR Portfolio Emerging Markets ETF by 15.9% in the 1st quarter. Beacon Financial Group now owns 14,854 shares of the company’s stock worth $585,000 after purchasing an additional 2,040 shares during the period. Thrive Wealth Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $238,000. Finally, Signal Advisors Wealth LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 4.0% in the 1st quarter. Signal Advisors Wealth LLC now owns 195,958 shares of the company’s stock worth $7,715,000 after purchasing an additional 7,591 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $47.35 on Friday. The business’s 50 day simple moving average is $45.05 and its two-hundred day simple moving average is $42.27. The stock has a market capitalization of $14.56 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.44.

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.