Legacy Edge Advisors LLC Purchases Shares of 21,322 SPDR Portfolio Emerging Markets ETF $SPEM

Legacy Edge Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 21,322 shares of the company’s stock, valued at approximately $998,000.

A number of other large investors have also added to or reduced their stakes in the company. Breakwater Investment Management raised its position in SPDR Portfolio Emerging Markets ETF by 5.8% during the fourth quarter. Breakwater Investment Management now owns 5,165 shares of the company’s stock valued at $242,000 after purchasing an additional 282 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 104.3% during the fourth quarter. Fifth Third Bancorp now owns 3,454 shares of the company’s stock worth $162,000 after acquiring an additional 1,763 shares in the last quarter. Opes Wealth Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.6% during the fourth quarter. Opes Wealth Management LLC now owns 172,028 shares of the company’s stock worth $8,053,000 after acquiring an additional 2,665 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.4% during the fourth quarter. Oppenheimer & Co. Inc. now owns 56,933 shares of the company’s stock worth $2,665,000 after acquiring an additional 3,410 shares in the last quarter. Finally, Sigma Planning Corp raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 22.8% during the fourth quarter. Sigma Planning Corp now owns 14,669 shares of the company’s stock worth $687,000 after acquiring an additional 2,724 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $51.26 on Friday. The company has a market capitalization of $17.57 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a one year low of $40.06 and a one year high of $51.75. The company’s 50 day moving average price is $48.71 and its two-hundred day moving average price is $48.20.

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.