25,092 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Purchased by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,092 shares of the company’s stock, valued at approximately $1,299,000.

A number of other hedge funds also recently modified their holdings of the business. Valued Wealth Advisors LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 13.9% in the third quarter. Valued Wealth Advisors LLC now owns 18,722 shares of the company’s stock valued at $969,000 after buying an additional 2,286 shares in the last quarter. Silver Grove Financial Group Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 933.3% during the third quarter. Silver Grove Financial Group Inc. now owns 589 shares of the company’s stock worth $30,000 after acquiring an additional 532 shares in the last quarter. Brooklyn FI LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $7,803,000. Moneco Advisors LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $12,970,000. Finally, Keybank National Association OH acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $257,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.4%

Shares of NYSEARCA:SPEM opened at $49.15 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $45.28 and a 12 month high of $53.54. The company’s fifty day simple moving average is $51.15 and its 200 day simple moving average is $50.71. The firm has a market cap of $16.35 billion, a price-to-earnings ratio of 14.73 and a beta of 0.63.

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.