Rede Wealth LLC Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Rede Wealth LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,768 shares of the company’s stock after buying an additional 444 shares during the quarter. Rede Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vawter Financial Ltd. boosted its position in SPDR Portfolio Emerging Markets ETF by 3.6% during the first quarter. Vawter Financial Ltd. now owns 7,412 shares of the company’s stock worth $292,000 after purchasing an additional 255 shares in the last quarter. Fidelis Capital Partners LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 0.9% during the first quarter. Fidelis Capital Partners LLC now owns 31,409 shares of the company’s stock worth $1,228,000 after purchasing an additional 268 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 2.4% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 12,075 shares of the company’s stock worth $475,000 after purchasing an additional 282 shares in the last quarter. New Century Financial Group LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 1.2% during the first quarter. New Century Financial Group LLC now owns 24,601 shares of the company’s stock worth $969,000 after purchasing an additional 284 shares in the last quarter. Finally, IAG Wealth Partners LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 0.8% during the first quarter. IAG Wealth Partners LLC now owns 41,152 shares of the company’s stock worth $1,620,000 after purchasing an additional 310 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $44.30 on Friday. The business has a 50 day simple moving average of $43.21 and a two-hundred day simple moving average of $40.96. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $44.73. The stock has a market capitalization of $12.89 billion, a P/E ratio of 15.39 and a beta of 0.68.

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.