United Advisor Group LLC Invests $343,000 in SPDR Portfolio Emerging Markets ETF $SPEM

United Advisor Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,028 shares of the company’s stock, valued at approximately $343,000.

Other hedge funds have also recently bought and sold shares of the company. Knuff & Co LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $29,000. Brooklyn Investment Group acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $32,000. Sachetta LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% during the second quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after buying an additional 815 shares in the last quarter. Webster Bank N. A. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth $40,000. Finally, Addison Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter valued at $49,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $46.62 on Thursday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $48.56. The company has a market capitalization of $14.39 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The company’s fifty day moving average price is $47.10 and its two-hundred day moving average price is $44.37.

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.