Venturi Wealth Management LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 21.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 607,931 shares of the company’s stock after acquiring an additional 108,757 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 1.3% of Venturi Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. Venturi Wealth Management LLC owned approximately 0.21% of SPDR Portfolio Emerging Markets ETF worth $25,983,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of SPEM. Knuff & Co LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $29,000. Brooklyn Investment Group bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $32,000. Wayfinding Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $36,000. Sachetta LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% in the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after acquiring an additional 815 shares in the last quarter. Finally, Tsfg LLC increased its position in SPDR Portfolio Emerging Markets ETF by 267.4% during the 1st quarter. Tsfg LLC now owns 992 shares of the company’s stock valued at $39,000 after buying an additional 722 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of NYSEARCA:SPEM opened at $47.24 on Wednesday. The business’s 50-day moving average is $45.20 and its 200 day moving average is $42.38. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.67. The firm has a market capitalization of $14.53 billion, a P/E ratio of 15.39 and a beta of 0.68.
SPDR Portfolio Emerging Markets ETF Company 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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