2,614 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Purchased by Glassman Wealth Services

Glassman Wealth Services purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,614 shares of the company’s stock, valued at approximately $100,000.

Other institutional investors also recently made changes to their positions in the company. Compass Planning Associates Inc bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $28,000. Archer Investment Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth approximately $39,000. Strategic Wealth Investment Group LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $46,000. Blue Trust Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after acquiring an additional 1,878 shares during the period. Finally, McClarren Financial Advisors Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 1.3 %

Shares of NYSEARCA:SPEM opened at $38.86 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month 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. The business has a 50 day moving average of $38.87 and a 200-day moving average of $39.47.

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.