12,832 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Patriot Investment Management Group Inc.

Patriot Investment Management Group Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,832 shares of the company’s stock, valued at approximately $664,000.

Several other hedge funds have also recently modified their holdings of the business. ACT Advisors LLC. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $459,000. Legacy Wealth Partners LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 9.2% during the third quarter. Legacy Wealth Partners LLC now owns 78,515 shares of the company’s stock valued at $4,064,000 after buying an additional 6,596 shares during the period. Detalus Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $9,197,000. True Blue Financial LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 45.0% during the third quarter. True Blue Financial LLC now owns 128,501 shares of the company’s stock valued at $6,651,000 after buying an additional 39,884 shares during the period. Finally, Uptown Financial Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 1.4% in the third quarter. Uptown Financial Advisors LLC now owns 158,099 shares of the company’s stock worth $8,183,000 after buying an additional 2,107 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.2%

Shares of NYSEARCA:SPEM opened at $51.35 on Friday. The firm has a 50 day moving average of $52.36 and a 200 day moving average of $51.47. The company has a market capitalization of $17.25 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 52 week low of $45.28 and a 52 week high of $53.54.

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.