11,742 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Bought by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,742 shares of the company’s stock, valued at approximately $596,000.

Several other large investors also recently modified their holdings of the stock. Rodgers & Associates LTD purchased a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $20,068,000. Isthmus Partners LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the first quarter valued at $16,291,000. State Street Corp grew its holdings in 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 valued at $270,882,000 after purchasing an additional 329,626 shares during the period. KFG Wealth Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth $16,486,000. Finally, West Wealth Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth $16,400,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $50.85 on Thursday. The firm has a market cap of $16.91 billion, a PE ratio of 15.39 and a beta of 0.61. The stock’s fifty day moving average price is $52.23 and its two-hundred day moving average price is $51.58. SPDR Portfolio Emerging Markets ETF has a 1 year low of $45.28 and a 1 year 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.