SMART Wealth LLC Purchases New Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

SMART Wealth LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 84,793 shares of the company’s stock, valued at approximately $4,391,000. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.0% of SMART Wealth LLC’s portfolio, making the stock its 29th biggest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of SPEM. Forefront Wealth Partners LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 28.8% in the fourth quarter. Forefront Wealth Partners LLC now owns 52,564 shares of the company’s stock valued at $2,461,000 after purchasing an additional 11,756 shares during the last quarter. Main Management ETF Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 9.2% during the 4th quarter. Main Management ETF Advisors LLC now owns 249,130 shares of the company’s stock valued at $11,662,000 after buying an additional 20,952 shares during the last quarter. Atlas Private Wealth Advisors grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 9.0% during the 4th quarter. Atlas Private Wealth Advisors now owns 217,702 shares of the company’s stock worth $10,191,000 after acquiring an additional 17,888 shares during the period. Vise Technologies Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 92.1% during the 4th quarter. Vise Technologies Inc. now owns 112,510 shares of the company’s stock worth $5,267,000 after acquiring an additional 53,953 shares during the period. Finally, Gateway Wealth Partners LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 107.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock worth $7,671,000 after acquiring an additional 84,601 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $53.00 on Friday. The stock has a market capitalization of $17.94 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52-week low of $44.04 and a 52-week high of $53.54. The stock’s 50-day simple moving average is $51.60 and its 200 day simple moving average is $50.64.

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.