McNaughton Wealth Management LLC Buys 32,896 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

McNaughton Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 32,896 shares of the company’s stock, valued at approximately $1,703,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPEM. Trinity Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the first quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock worth $1,008,000 after acquiring an additional 201 shares during the period. Kelman Lazarov Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after acquiring an additional 203 shares during the period. Paces Ferry Wealth Advisors LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after purchasing an additional 206 shares in the last quarter. Kraft Davis & Associates LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.7% in the 2nd quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock valued at $634,000 after purchasing an additional 207 shares in the last quarter. Finally, United Asset Strategies Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock worth $1,164,000 after purchasing an additional 215 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 1.3%

Shares of SPEM stock opened at $51.53 on Friday. The company has a market capitalization of $17.39 billion, a P/E ratio of 15.39 and a beta of 0.61. The business’s 50 day moving average is $52.33 and its two-hundred day moving average is $51.27. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54.

SPDR Portfolio Emerging Markets ETF 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.