SteelPeak Wealth LLC Acquires Shares of 19,628 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

SteelPeak Wealth LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 19,628 shares of the company’s stock, valued at approximately $753,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. David Kennon Inc raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.5% during the fourth quarter. David Kennon Inc now owns 161,311 shares of the company’s stock worth $6,190,000 after purchasing an additional 2,349 shares in the last quarter. NorthStar Asset Management LLC NJ increased its position in SPDR Portfolio Emerging Markets ETF by 9.2% during the 4th quarter. NorthStar Asset Management LLC NJ now owns 7,450 shares of the company’s stock worth $286,000 after purchasing an additional 627 shares during the period. Patriot Financial Group Insurance Agency LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.6% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 56,617 shares of the company’s stock worth $2,172,000 after buying an additional 2,491 shares in the last quarter. Perigon Wealth Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 10.3% in the fourth quarter. Perigon Wealth Management LLC now owns 19,077 shares of the company’s stock valued at $724,000 after acquiring an additional 1,787 shares during the period. Finally, YHB Investment Advisors Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.3% in the 4th quarter. YHB Investment Advisors Inc. now owns 72,367 shares of the company’s stock valued at $2,777,000 after purchasing an additional 898 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.0 %

SPEM stock opened at $38.53 on Thursday. The company’s 50-day moving average price is $38.97 and its 200 day moving average price is $39.17. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.94 and a 52 week high of $42.88. The company has a market cap of $9.15 billion, a P/E 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.