SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Founders Financial Alliance LLC

Founders Financial Alliance LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 19.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,905 shares of the company’s stock after purchasing an additional 649 shares during the period. Founders Financial Alliance LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $150,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Compass Planning Associates Inc purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $28,000. Archer Investment Corp acquired a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $39,000. Strategic Wealth Investment Group LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Rialto Wealth Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $60,000. Finally, SBI Securities Co. Ltd. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $64,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.7 %

Shares of SPEM stock opened at $39.32 on Wednesday. The company has a market capitalization of $10.40 billion, a P/E ratio of 14.80 and a beta of 0.67. The business’s 50 day moving average is $38.96 and its two-hundred day moving average is $39.52. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.00 and a twelve month high of $42.88.

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.