SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Bought by Independent Wealth Network Inc.

Independent Wealth Network Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,396 shares of the company’s stock after acquiring an additional 2,020 shares during the quarter. Independent Wealth Network Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $591,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Archer Investment Corp purchased a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $39,000. Hershey Financial Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth approximately $49,000. McClarren Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after buying an additional 2,193 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $121,000. Finally, Abound Wealth Management lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 420.2% during the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock worth $131,000 after buying an additional 2,761 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.0 %

Shares of NYSEARCA SPEM opened at $38.60 on Thursday. The business has a fifty day simple moving average of $39.03 and a 200 day simple moving average of $39.18. SPDR Portfolio Emerging Markets ETF has a one year low of $33.91 and a one year high of $42.88. The firm has a market capitalization of $9.16 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.