12,671 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Bought by Summitry LLC

Summitry LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,671 shares of the company’s stock, valued at approximately $593,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BlueStem Wealth Partners LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock worth $49,137,000 after purchasing an additional 65,492 shares during the period. Brooklyn FI LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 19.9% in the 4th quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock valued at $6,751,000 after buying an additional 23,983 shares during the last quarter. Midwest Capital Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 33.3% in the 4th quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock valued at $19,098,000 after buying an additional 101,817 shares during the last quarter. McNamara Financial Services Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 1.6% in the 4th quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock valued at $40,715,000 after buying an additional 13,566 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 7.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock valued at $325,188,000 after buying an additional 462,591 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $51.39 on Tuesday. The firm has a 50-day moving average of $49.46 and a two-hundred day moving average of $48.65. The stock has a market cap of $17.62 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1-year low of $40.67 and a 1-year high of $53.03.

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.