14,319 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Acquired by BankPlus Wealth Management LLC

BankPlus Wealth Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 14,319 shares of the company’s stock, valued at approximately $549,000.

Several other institutional investors also recently modified their holdings of SPEM. Stifel Financial Corp boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after acquiring an additional 4,049 shares in the last quarter. Second Line Capital LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock valued at $7,683,000 after purchasing an additional 8,783 shares during the last quarter. SPC Financial Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.1% during the second quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after purchasing an additional 3,889 shares during the last quarter. Advisory Resource Group boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.4% in the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after purchasing an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.6 %

SPEM stock opened at $38.30 on Tuesday. SPDR Portfolio Emerging Markets ETF has a one year low of $33.94 and a one year high of $42.88. The firm has a 50-day moving average of $39.01 and a two-hundred day moving average of $39.18. The firm has a market capitalization of $9.09 billion, a PE ratio of 13.05 and a beta of 0.81.

SPDR Portfolio Emerging Markets ETF Company 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.