Peterson Wealth Advisors LLC Increases Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)
by Tristan Rich · The Markets DailyPeterson Wealth Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 1.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,090 shares of the company’s stock after buying an additional 403 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 0.3% of Peterson Wealth Advisors LLC’s holdings, making the stock its 29th largest holding. Peterson Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,531,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Rothschild Investment LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the second quarter valued at $27,000. Lynx Investment Advisory purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth about $35,000. Hershey Financial Advisers LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at approximately $49,000. Strategic Financial Concepts LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after acquiring an additional 128,861 shares during the last quarter. Finally, American National Bank raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 132.0% during the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock worth $68,000 after acquiring an additional 1,020 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
NYSEARCA SPEM opened at $40.60 on Monday. The stock has a 50 day moving average price of $39.80 and a 200-day moving average price of $38.35. SPDR Portfolio Emerging Markets ETF has a one year low of $32.16 and a one year high of $42.88. The company has a market capitalization of $9.64 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.
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