MGO One Seven LLC Acquires New Stake in SPDR Portfolio Emerging Markets ETF $SPEM

by · The Markets Daily

MGO One Seven LLC acquired 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 13F filing with the Securities and Exchange Commission. The firm acquired 11,201 shares of the company’s stock, valued at approximately $580,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Elwood & Goetz Wealth Advisory Group LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth about $3,195,000. Ervin Investment Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $4,938,000. Quantinno Capital Management LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 25.5% during the 1st quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock worth $3,745,000 after acquiring an additional 16,232 shares in the last quarter. Gateway Wealth Partners LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 107.2% in the first quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock valued at $7,671,000 after purchasing an additional 84,601 shares during the last quarter. Finally, SMART Wealth LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $4,391,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $48.22 on Friday. The stock has a market capitalization of $16.04 billion, a P/E ratio of 15.39 and a beta of 0.63. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The business’s 50-day simple moving average is $51.42 and its 200-day simple moving average is $50.71.

SPDR Portfolio Emerging Markets ETF Company Profile

(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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