Patriot Investment Management Group Inc. Buys 12,832 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Patriot Investment Management Group Inc. bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 12,832 shares of the company’s stock, valued at approximately $664,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ascentis Independent Advisors acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $27,000. Robinswood Financial LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $32,000. Brown Lisle Cummings Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $53,000. Gould Capital LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $59,000. Finally, Sachetta LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 145.9% during the first quarter. Sachetta LLC now owns 1,409 shares of the company’s stock worth $66,000 after purchasing an additional 836 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.2%

Shares of SPEM stock opened at $51.35 on Friday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54. The business has a 50-day simple moving average of $52.36 and a 200-day simple moving average of $51.47. The stock has a market cap of $17.25 billion, a PE ratio of 15.39 and a beta of 0.61.

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.