Penobscot Wealth Management boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,705 shares of the company’s stock after purchasing an additional 723 shares during the period. Penobscot Wealth Management’s holdings in SPDR Portfolio Emerging Markets ETF were worth $564,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the stock. Compass Planning Associates Inc acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $28,000. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $39,000. Strategic Wealth Investment Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $46,000. Rialto Wealth Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $60,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $64,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA:SPEM opened at $39.50 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88. The company has a market capitalization of $10.44 billion, a P/E ratio of 14.80 and a beta of 0.67. The company has a 50-day simple moving average of $38.98 and a 200 day simple moving average of $39.52.
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.
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