135,632 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Bought by Mascoma Wealth Management LLC

Mascoma Wealth Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 135,632 shares of the company’s stock, valued at approximately $7,020,000. SPDR Portfolio Emerging Markets ETF accounts for 1.3% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in SPEM. Rodgers & Associates LTD acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $20,068,000. Isthmus Partners LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $16,291,000. State Street Corp lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after buying an additional 329,626 shares during the last quarter. KFG Wealth Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth approximately $16,486,000. Finally, West Wealth Group LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $16,400,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.0%

SPEM opened at $49.67 on Friday. The business has a 50 day moving average of $52.13 and a 200-day moving average of $51.59. The stock has a market capitalization of $16.52 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 1-year low of $45.28 and a 1-year high of $53.54.

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.