Jacobs Equity LLC Makes New $479,000 Investment in SPDR Portfolio Emerging Markets ETF $SPEM
by Sarita Garza · The Markets DailyJacobs Equity LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,236 shares of the company’s stock, valued at approximately $479,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. First Command Advisory Services Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $26,000. Safe Harbor Fiduciary LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $32,000. Front Row Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares during the period. IFC & Insurance Marketing Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $37,000. Finally, Signaturefd LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $40,000.
SPDR Portfolio Emerging Markets ETF Stock Up 1.5%
SPEM opened at $53.08 on Friday. The firm has a market capitalization of $18.20 billion, a P/E ratio of 15.39 and a beta of 0.60. The firm’s 50 day moving average is $51.43 and its 200-day moving average is $49.30. SPDR Portfolio Emerging Markets ETF has a 52-week low of $40.83 and a 52-week high of $53.54.
About SPDR Portfolio Emerging Markets ETF
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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