WealthPoint Financial LLC Invests $997,000 in SPDR Portfolio Emerging Markets ETF $SPEM

WealthPoint Financial LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 21,304 shares of the company’s stock, valued at approximately $997,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Command Advisory Services Inc. bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $26,000. Safe Harbor Fiduciary LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $32,000. Front Row Advisors LLC increased 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 acquiring an additional 460 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $37,000. Finally, Signaturefd LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $53.08 on Friday. The business’s fifty day moving average price is $51.43 and its 200 day moving average price is $49.30. SPDR Portfolio Emerging Markets ETF has a 12-month low of $40.83 and a 12-month high of $53.54. The stock has a market capitalization of $18.20 billion, a PE ratio of 15.39 and a beta of 0.60.

SPDR Portfolio Emerging Markets ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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