Drucker Wealth 3.0 LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 24,752 shares of the company’s stock, valued at approximately $1,060,000.
Other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 66.1% in the first quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock valued at $281,000 after purchasing an additional 2,839 shares in the last quarter. ORBA Wealth Advisors L.L.C. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.3% in the 1st quarter. ORBA Wealth Advisors L.L.C. now owns 108,024 shares of the company’s stock worth $4,253,000 after buying an additional 11,790 shares in the last quarter. Focus Financial Network Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.8% in the 2nd quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after buying an additional 263 shares in the last quarter. Golden State Equity Partners purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $1,102,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after buying an additional 6,463 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Down 3.6%
SPEM opened at $45.45 on Friday. The firm has a market cap of $13.98 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $47.67. The stock has a 50-day moving average of $45.42 and a 200 day moving average of $42.50.
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.
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