135,632 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Bought by Mascoma Wealth Management LLC

by · The Markets Daily

Mascoma Wealth Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 135,632 shares of the company’s stock, valued at approximately $7,020,000. SPDR Portfolio Emerging Markets ETF comprises 1.3% of Mascoma Wealth Management LLC’s holdings, making the stock its 20th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. Rodgers & Associates LTD acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at $20,068,000. Isthmus Partners LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter worth $16,291,000. State Street Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% during the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after buying an additional 329,626 shares in the last quarter. KFG Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $16,486,000. Finally, West Wealth Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $16,400,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $49.67 on Friday. The stock’s 50 day simple moving average is $52.13 and its 200 day simple moving average is $51.59. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54. The company has a market capitalization of $16.52 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61.

SPDR Portfolio Emerging Markets ETF 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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