3,410 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Bought by Synergy Investment Management LLC

Synergy Investment Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 3,410 shares of the company’s stock, valued at approximately $131,000.

A number of other hedge funds have also recently made changes to their positions in SPEM. Landmark Wealth Management LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 5.3% in the third quarter. Landmark Wealth Management LLC now owns 7,704 shares of the company’s stock valued at $318,000 after buying an additional 391 shares during the last quarter. Catalyst Private Wealth LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 10.1% in the third quarter. Catalyst Private Wealth LLC now owns 15,193 shares of the company’s stock valued at $627,000 after buying an additional 1,395 shares during the last quarter. Austin Private Wealth LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 18.9% in the third quarter. Austin Private Wealth LLC now owns 82,635 shares of the company’s stock valued at $3,411,000 after buying an additional 13,136 shares during the last quarter. Leslie Global Wealth LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $2,564,000. Finally, JNBA Financial Advisors raised its stake in SPDR Portfolio Emerging Markets ETF by 13.9% in the third quarter. JNBA Financial Advisors now owns 1,097,660 shares of the company’s stock valued at $45,311,000 after buying an additional 133,675 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $38.86 on Wednesday. The stock has a 50-day moving average of $38.87 and a two-hundred day moving average of $39.48. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88. The stock has a market cap of $10.15 billion, a PE ratio of 14.32 and a beta of 0.66.

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.