OneAscent Financial Services LLC Invests $8.25 Million in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

OneAscent Financial Services LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 214,948 shares of the company’s stock, valued at approximately $8,248,000. SPDR Portfolio Emerging Markets ETF makes up 0.7% of OneAscent Financial Services LLC’s portfolio, making the stock its 27th biggest position. OneAscent Financial Services LLC owned approximately 0.09% of SPDR Portfolio Emerging Markets ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. WESCAP Management Group Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% during the 4th quarter. WESCAP Management Group Inc. now owns 58,849 shares of the company’s stock worth $2,258,000 after acquiring an additional 3,407 shares during the last quarter. Alliance Wealth Management Group lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.3% during the fourth quarter. Alliance Wealth Management Group now owns 99,234 shares of the company’s stock worth $3,808,000 after purchasing an additional 2,192 shares during the period. May Hill Capital LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $1,291,000. Headlands Technologies LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $26,000. Finally, National Wealth Management Group LLC raised its position in SPDR Portfolio Emerging Markets ETF by 5.5% during the 4th quarter. National Wealth Management Group LLC now owns 7,427 shares of the company’s stock worth $285,000 after purchasing an additional 389 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4 %

NYSEARCA SPEM opened at $39.53 on Wednesday. The firm has a market capitalization of $10.45 billion, a PE ratio of 14.84 and a beta of 0.67. The business’s 50-day moving average price is $39.53 and its two-hundred day moving average price is $39.71. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88.

About SPDR Portfolio Emerging Markets ETF

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.