SPDR Portfolio Emerging Markets ETF $SPEM is KFG Wealth Management LLC’s 6th Largest Position

KFG Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 516,924 shares of the company’s stock after purchasing an additional 53,961 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 3.5% of KFG Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. KFG Wealth Management LLC owned approximately 0.17% of SPDR Portfolio Emerging Markets ETF worth $24,197,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Addison Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth $49,000. Allworth Financial LP raised its position in SPDR Portfolio Emerging Markets ETF by 1.9% in the 2nd quarter. Allworth Financial LP now owns 6,689,099 shares of the company’s stock valued at $285,892,000 after purchasing an additional 121,550 shares during the last quarter. Truist Financial Corp lifted its position in SPDR Portfolio Emerging Markets ETF by 10.1% during the 2nd quarter. Truist Financial Corp now owns 96,702 shares of the company’s stock worth $4,133,000 after buying an additional 8,909 shares in the last quarter. Focus Financial Network Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.8% in the second quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock valued at $307,000 after purchasing an additional 263 shares in the last quarter. Finally, Advocacy Wealth Management Services LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at $29,141,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $46.46 on Wednesday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $48.56. The firm has a market capitalization of $14.34 billion, a P/E ratio of 15.39 and a beta of 0.56. The company’s 50 day simple moving average is $47.12 and its 200 day simple moving average is $45.13.

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.