Summitry LLC Invests $593,000 in SPDR Portfolio Emerging Markets ETF $SPEM

Summitry LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 12,671 shares of the company’s stock, valued at approximately $593,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SPEM. Hantz Financial Services Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after buying an additional 589 shares during the last quarter. Front Row Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after buying an additional 460 shares during the last quarter. Signaturefd LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $40,000. International Assets Investment Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $40,000. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $44,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $51.39 on Tuesday. The company has a market cap of $17.62 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The business has a fifty day simple moving average of $49.46 and a 200-day simple moving average of $48.65. SPDR Portfolio Emerging Markets ETF has a 52 week low of $40.67 and a 52 week high of $53.03.

SPDR Portfolio Emerging Markets ETF Profile

(Free Report)

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.

Further Reading

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:SPEMFree Report).

Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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.