Simplicity Wealth LLC Grows Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Simplicity Wealth LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,368 shares of the company’s stock after acquiring an additional 24,043 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,881,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPEM. First Command Advisory Services Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $26,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $27,000. Safe Harbor Fiduciary LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $32,000. Front Row Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after buying an additional 460 shares during the period. Finally, IFC & Insurance Marketing Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $37,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock traded up $0.28 during midday trading on Friday, hitting $51.97. 1,909,414 shares of the company were exchanged, compared to its average volume of 2,995,445. The firm has a market capitalization of $17.54 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.66 and a fifty-two week high of $53.54. The business has a fifty day simple moving average of $51.82 and a two-hundred day simple moving average of $49.81.

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.