Strategic Wealth Investment Group LLC Makes New $46,000 Investment in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Strategic Wealth Investment Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 1,195 shares of the company’s stock, valued at approximately $46,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPEM. Archer Investment Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $39,000. Hershey Financial Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $49,000. Blue Trust Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares in the last quarter. McClarren Financial Advisors Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after acquiring an additional 2,193 shares during the last quarter. Finally, Fortitude Family Office LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $121,000.

SPDR Portfolio Emerging Markets ETF Trading Down 1.6 %

SPEM stock opened at $38.30 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $42.88. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The company’s 50 day moving average is $39.01 and its 200 day moving average is $39.18.

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.