Simplicity Wealth LLC Buys New Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Simplicity Wealth LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 198,123 shares of the company’s stock, valued at approximately $10,255,000. Simplicity Wealth LLC owned 0.06% of SPDR Portfolio Emerging Markets ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sowell Financial Services LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 116.8% during the 3rd quarter. Sowell Financial Services LLC now owns 34,894 shares of the company’s stock worth $1,806,000 after buying an additional 18,800 shares during the period. Ervin Investment Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $4,938,000. Evergreen Capital Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $252,000. Mascoma Wealth Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $7,020,000. Finally, Aquire Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $9,596,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.0%

SPDR Portfolio Emerging Markets ETF stock opened at $49.67 on Friday. The firm has a market capitalization of $16.52 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54. The stock’s fifty day simple moving average is $52.13 and its 200-day simple moving average is $51.59.

About SPDR Portfolio Emerging Markets ETF

(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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