SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Bought by Brooklyn FI LLC

Brooklyn FI LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 158,588 shares of the company’s stock, valued at approximately $7,803,000. SPDR Portfolio Emerging Markets ETF accounts for about 1.2% of Brooklyn FI LLC’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Moneco Advisors LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $12,970,000. Keybank National Association OH purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $257,000. Cornerstone Wealth Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $6,520,000. Csenge Advisory Group bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $483,000. Finally, AlphaCore Capital LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $4,007,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $49.18 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54. The firm has a market cap of $16.36 billion, a price-to-earnings ratio of 15.39 and a beta of 0.63. The business’s fifty day moving average is $51.28 and its 200 day moving average is $50.71.

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.