SYM FINANCIAL Corp Makes New Investment in SPDR Portfolio Emerging Markets ETF $SPEM

SYM FINANCIAL Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 36,735 shares of the company’s stock, valued at approximately $1,901,000.

Other hedge funds also recently bought and sold shares of the company. Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth $27,000. Robinswood Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at $32,000. Align Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at $32,000. Independence Bank of Kentucky bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $35,000. Finally, Gould Capital LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth about $59,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5%

NYSEARCA SPEM opened at $49.62 on Wednesday. The stock has a market cap of $16.50 billion, a PE ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 12 month low of $45.28 and a 12 month high of $53.54. The company’s 50-day moving average price is $51.99 and its 200-day moving average price is $50.71.

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.