McNaughton Wealth Management LLC Acquires 32,896 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

McNaughton Wealth Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 32,896 shares of the company’s stock, valued at approximately $1,703,000.

Several other institutional investors have also recently made changes to their positions in the business. Pacifica Partners Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $1,149,000. First Heartland Consultants Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $470,000. Financial Enhancement Group LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.5% during the 3rd quarter. Financial Enhancement Group LLC now owns 119,014 shares of the company’s stock valued at $6,213,000 after buying an additional 7,223 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 199,918 shares of the company’s stock valued at $10,348,000 after buying an additional 9,646 shares during the last quarter. Finally, Brighton Securities CORP. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $9,214,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.3%

Shares of SPEM opened at $51.53 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $45.28 and a 52 week high of $53.54. The company has a market capitalization of $17.39 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The stock’s 50-day moving average price is $52.33 and its 200-day moving average price is $51.27.

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.