Livet Wealth LLC Takes Position in SPDR Portfolio Emerging Markets ETF $SPEM

Livet Wealth LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, Holdings Channel.com reports. The fund bought 57,830 shares of the company’s stock, valued at approximately $2,707,000. SPDR Portfolio Emerging Markets ETF makes up 1.7% of Livet Wealth LLC’s holdings, making the stock its 16th biggest position.

Several other hedge funds also recently bought and sold shares of the company. Rossby Financial LCC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 33.8% in the 4th quarter. Rossby Financial LCC now owns 2,371 shares of the company’s stock worth $111,000 after buying an additional 599 shares during the period. Front Row Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 64.9% in the 4th quarter. Front Row Advisors LLC now owns 1,271 shares of the company’s stock worth $59,000 after buying an additional 500 shares during the period. HRT Financial LP bought a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $232,000. Insigneo Advisory Services LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 24.1% in the 4th quarter. Insigneo Advisory Services LLC now owns 38,597 shares of the company’s stock worth $1,807,000 after buying an additional 7,507 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the 4th quarter. Orion Porfolio Solutions LLC now owns 263,729 shares of the company’s stock worth $12,345,000 after buying an additional 16,558 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $52.11 on Friday. The company has a market capitalization of $17.86 billion, a P/E ratio of 15.39 and a beta of 0.60. The company has a fifty day moving average of $50.96 and a 200 day moving average of $49.12. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $40.83 and a fifty-two week high of $53.54.

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.