Verus Capital Partners LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 18,846 shares of the company’s stock, valued at approximately $975,000.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at about $27,000. Robinswood Financial LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $32,000. Align Financial LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $32,000. Independence Bank of Kentucky acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $35,000. Finally, Bell Investment Advisors Inc bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $57,000.
SPDR Portfolio Emerging Markets ETF Price Performance
NYSEARCA SPEM opened at $48.22 on Monday. The business has a 50 day moving average price of $51.42 and a 200-day moving average price of $50.71. SPDR Portfolio Emerging Markets ETF has a 52 week low of $45.28 and a 52 week high of $53.54. The company has a market cap of $16.04 billion, a price-to-earnings ratio of 15.39 and a beta of 0.63.
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.
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