Leicht Financial Planning & Wealth Management Inc. Makes New $12.15 Million Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Leicht Financial Planning & Wealth Management Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 234,692 shares of the company’s stock, valued at approximately $12,148,000. SPDR Portfolio Emerging Markets ETF comprises approximately 5.0% of Leicht Financial Planning & Wealth Management Inc.’s investment portfolio, making the stock its 8th largest holding. Leicht Financial Planning & Wealth Management Inc. owned approximately 0.07% of SPDR Portfolio Emerging Markets ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPEM. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $130,375,000. Park Avenue Securities LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $35,898,000. Commonwealth Equity Services LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $31,659,000. Capital Wealth Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $22,770,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $22,338,000.

SPDR Portfolio Emerging Markets ETF Stock Up 1.7%

Shares of SPEM opened at $48.22 on Friday. 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 capitalization of $16.04 billion, a price-to-earnings ratio of 15.39 and a beta of 0.63. The stock’s 50-day moving average price is $51.42 and its 200-day moving average price is $50.71.

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.